Resumen de Titanium dioxide producers downplay chance of price increases
A global convergence in pricing is expected in TiO2, with seasonal pressure limiting any rises although US prices are going up.
A number of titanium dioxide producers believe that there are limited prospects for further price rises in 2019, particularly in Europe.
“We’re not forecasting a significant amount of growth in pricing globally,” Tronox chief executive Jeff Quinn told investors on August 2.
On July 31, Venator chief executive Simon Turner told investors to expect price convergence across markets, ending the discount that US product has had relative to EU product so far in 2018.
“We’re seeing some softer demand conditions in China,” Turner said, with pricing, “a little bit softer in Europe.” Yet for North America, he noted, there were “strong conditions.”
