Titanium dioxide prices rose again!

On July 26th, CNNC Titanium Dioxide Holdings issued a midday announcement stating that in light of the current international and domestic titanium dioxide market conditions, the pricing committee of its subsidiary, CNNC Hua Yuan Titanium Dioxide Co., Ltd., has decided to raise the sales prices of all types of titanium dioxide effective July 26th, 2023. The sales prices for domestic customers will be increased by RMB 700/ton, while those for international customers will be increased by $100/ton.

On July 25th and 26th, Longbai Group and CNNC Titanium Dioxide announced price increase notices for titanium dioxide again. Longbai Group and CNNC Titanium Dioxide are currently the leading companies in the Chinese titanium dioxide market. In 2022, their titanium dioxide production capacities reached 1.51 million tons and 350,000 tons, respectively, ranking first and second in China's titanium dioxide production. The successive price increases by both companies will have a certain impact on the titanium dioxide circulation market.

Longbai Group announced on July 25th that the sales price of its sulfate-process titanium dioxide products will be increased by RMB 600-800/ton for domestic customers and $100/ton for international customers.