Resumen de Prices lag rising consumption in industrial markets while speciality grades look up
Matthew Juneau, senior vice president at Albemarle, added that the company's recent price increases for its "tetrabrome" products had "not totally stuck" since they were implemented last year.
Rutile market participants interviewed by IM in May described the industry in terms ranging from "tough" to "terrible", even though sales for the mineral sand have been at a healthy level so far this year.
One source told IM that the rutile business was "tough". "China is very much a discount market for rutile at the moment (...) You still see prices of around $1,100 tonne, but these are generally legacy contracts for Australian rutile sold to Korea and are not really reflective of the market," the source added.
