DuPont and Tronox lead the third wave of TiO2 price increases in 2013

TiO2 prices are increasing again! On May 30, 2013, both DuPont and Tronox announced a TiO2 price increase. It was the third wave of TiO2 price increases by international TiO2 giants in the year so far. The first wave occurred at around the end of Feb. 2013, led by Kronos, Huntsman, Cristal and ISK. The second wave came on May 9, 2013, led by Kronos. Relatively speaking, DuPont and Tronox acted more prudently in their price increase strategy, according to TiO2 China Monthly Report issued by CCM in June.

In detail, Tronox announced that the prices of its TiO2 products sold in Latin America and Asia Pacific will be raised by a minimum of USD175/t; those sold in Japan will be raised by a minimum of USD228/t; those sold in Europe, Middle East and Africa will be raised by a minimum of USD162.5/t or USD175/t in US Dollar markets; those sold in North America will be raised by a minimum of USD132.3/t. The announcement will become effective on June 1, 2013 or as contracts allow. At the same time, DuPont also announced that the prices for DuPont™ Ti-Pure® TiO2 sold in Asia Pacific and Latin America will be raised by USD200/t; those sold in Euro zone markets in Europe, the Middle East and Africa will be raised by about USD208/t or USD200/t in US Dollar markets; those sold in North America, in addition to paper and paperboard applications, will be raised by about USD176.4/t. The announcement will become effective on July 1, 2013 or as contracts allow.

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