“[Paint companies] are saying ‘we don’t have any choice’,” a European titanium dioxide (TiO2) dealer said at the time, adding that the market now showed no sign of easing until the end of the year, at least. Since the cost of TiO2 makes up some 30-40% of the end price of many coatings, paint companies only have a limited ability to absorb price rises.For example, on October 25, price rises were announced by US paintmaker PPG for its industrial coating range. According to Industrial Minerals’ October assessment, European fused magnesia fob Europe was trading at $1,500-1,700 per tonne. Lithium Industrial Minerals launched two new lithium hydroxide monohydrate min 56.5% LiOH.H2O spot prices ex-works domestic China, yuan/tonne on 23 November 2017 Martim Facada Industrial Minerals launched lithium hydroxide monohydrate min 56.5% LiOH.H2O battery grade, spot price range, ex-works domestic China, yuan/tonne and lithium hydroxide monohydrate min 56.5% LiOH.H2O technical and industrial grade, spot price range, ex-works domestic China, yuan /tonne to extend our lithium price coverage of the Chinese domestic market. After a consultation period, Industrial Minerals has launched the prices for lithium hydroxide monohydrate min 56.5% LiOH.H2O battery grade, spot price range, ex-works domestic China, yuan/tonne and lithium hydroxide monohydrate min 56.5% LiOH.H2O technical and industrial grade, spot price range, ex-works domestic China, yuan /tonne.
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