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Market participants learned from some Titanium Dioxide Buyers that the current desire of many manufacturers to sell is relatively strong, and it is clear that they can know that the current market supply is adequate.
The US market price for titanium dioxide in the second quarter is between US$1.35-1.45 per pound (approximately US$2976-3197/ton, destination delivery price). The price drop in the third quarter is currently difficult to determine, but there are market people's market is expected to fall by about 5%.
Sources said that before the end of July market prices will only slightly change, the market price of titanium dioxide in the middle of the third quarter will be mainly through negotiations to reach a contractual agreement. Currently, high-grade rutile that is mainly imported from Europe in the United States, Asian rutile raw materials have some quality problems, but they are gradually improving.
Currently North America's major suppliers of titanium dioxide include Tenova, Connors, DuPont, Coste and Huntsman.
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