TiO2 Market Summary
European TiO2 contract price sentiment has been firm so far in 2017, because of tight supply. This is resulting from producers’ strict inventory controls over the past year, Huntsman’s Pori plant outage in Finland in early 2017, healthy demand, and a lack of competitive imports from Asia.
European TiO2 contract prices largely rose sharply from Q2 2016 to Q1 2017, mainly for supply-related reasons.
This price uptrend represents a stark contrast to the substantial price erosion seen from the end of 2014 to Q1 2016, when the market was struggling with structural overcapacity globally, which has been addressed by a series of global restructuring measures.
Download and view the latest titanium dioxide (TiO2) animated map, by ICIS senior editor Heidi Finch, which shows global restructuring and cost-cutting measures during 2015-2018.
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