Hamburg (Germany): Since the beginning of the year xxxx, the prices of Titanium Dioxide have been continuously rising in the regional markets. China, USA and other major countries have witnessed improvement in Titanium Dioxide prices in the past few months and same trend was observed in February xxxx. The rising prices of upstream Titanium Ore amidst the lower operating rates in the previous quarters have been fueling market concerns. According to data from the ChemAnalyst database, the prices of Titanium Dioxide in Germany saw an increase of around USD xx per ton on a Free on Board (FOB) basis in February.
According to market sources, John Romano, co-CEO of the US-based Titanium Dioxide producer Tronox, has indicated that they expect Titanium Dioxide prices to reverse their downward trend and begin improving after the first quarter. In Qx xxxx, Titanium Dioxide prices plummeted by xx year-on-year...
