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Chemical Week Magazine :: Basic Chemicals & Plastics
Titanium Dioxide Prices Soar on Short Supply, Strong Demand
July 25, 2011 | —LINDSEY BEWLEY
North American titanium dioxide (TiO2) contracts for the second-quarter have settled at an increase of 15 cts/lb, up about 10% from the first-quarter 2011, to $1.55-$1.69/lb del, on escalating raw material costs, high operating rates, and very tight supply. The settlement represents a 29% premium over contracts in the second quarter of 2010. Producers nominated the 15-cts/lb hike effective April 1, but it was not implemented until July 1 due to the standard 90-day price protection. However, another round of price increases is slated for October 1. Four of the...
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