Focus story by Alexis Gan
SINGAPORE (ICIS)--Asian titanium dioxide (TiO2) sellers are facing stiff buying resistance despite substantial cut in prices by some major global producers because of weak demand, industry sources said on Monday.
One major North-American-based supplier slashed prices by $100-150/tonne last week in a move to woes buyers, industry sources.
A separate major supplier, based in Europe, offered price reduction between $50-80/tonne to its regular large buyers in southeast Asia.more >>
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