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Resumen de TiO2: : False bottom

James Sean Dickson

  • "We don't think the TiO[subscript]2 cycle has hit bottom. Price declines in the first and second quarters, and trade publications reporting that third-quarter negotiations are likely to result in further declines, strongly suggest there is further to fall," Moody's said in a 26 August report, entitled "Titanium Dioxide Cycle Yet to Hit Bottom, Recovery Possible by 2017".

    As this happened, according to Moody's, "[TiO[subscript]2 ] customers found ways to reformulate, use less through substitution and move down the quality scale," for example, by substituting chloride TiO[subscript]2 for sulphide TiO[subscript]2.

    TZ Minerals International Pty Ltd (TZMI), a TiO[subscript]2 industry consultancy, gave a bleak assessment of pigment and feedstock markets in its August 2015 Mineral Sands Report. "The industry is suffering from lower prices, weak demand, high inventory levels and a general oversupply of most products," the organisation said."Pricing is relatively volatile in this market," Philippe Guillemaille, head of sales and marketing at Argex Titanium Inc., a new-route


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