Prices of European TiO2 to rise in Q4

MOSCOW (MRC)–Several international titanium dioxide (TiO2) producers have already informed their customers of an around €200/tonne price increase in the fourth quarter, according to ICIS-MRC’s Price Report.

Cristal notified buyers of its material of a $250/tonne price rise in the next quarter. A week earlier, Chemours announced a price increase of €200/tonne for the fourth quarter. In late August, some market players reported the evidence of the future increase in prices of Huntsman and Kronos’ TiO2.

The average prices of European and North American TiO2 will be in the range of $4,200-4,500/tonne CPT (carriage paid to) Moscow, including VAT, in the domestic market in September.

Demand remained strong in the paints and coatings sector, supply was tight. The market of TiO2 for polyvinyl chloride (PVC) production was in a calmer state, demand was moderate, supply of material was sufficient.

MRC, a partner of ICIS, produces polymers news and pricing reports from Russia, Ukraine, Belarus, Uzbekistan and Kazakhstan.