Sharp price increase for Titanium Dioxide / TiO2

Chemicals May 18, 2011 No Comments

Titanium Dioxyde - TiO2North American TiO2 prices reached $1.30-1.44/lb €0.80-1.00/lb, up by 6-7 cents from the start of the fourth quarter 2010.
TiO2 has seen a sharp global upward price spiral over the last twelve months. European prices for the pigment increased by €100-200/tonne in the first quarter of 2011.

The increase continued a trend seen throughout 2010, when prices soared by €450-470/tonne over the course of the year. According to pricing service ICIS, free delivered NWE north west Europe TiO2 prices were trading between €2,300-2,550/tonne in early March.

Asian TiO2 prices jumped by $100-200/tonne €69-138/tonne at the beginning of the year to $2,800-3,000/tonne €1,900-2,100/tonne CFR cost and freight Asia, following the price hike announcements of $150-200/tonne €100-138/tonne by major producers in November.

via European Plastics News.

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Rod Sherkin

Rod is a former senior executive, responsible for Purchasing, for both Pillsbury and Ball Packaging back in the 80’s and 90’s. Since then, he has continued to work in the Purchasing field as both a consultant and founder of the website Propurchaser.com.

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