According to the latest release of the Russian ICIS price report, as the dollar and the euro continue to appreciate the ruble, traders have increased the price of imported titanium dioxide in the Russian market. Traders explain that the increase in prices is due to the devaluation of the ruble, while the price in dollars is basically unchanged.
At present, the price of Asian titanium dioxide in the Russian market is 2,900-3,000 US dollars / ton (CPT Moscow, including VAT); DuPont titanium dioxide offer 3,650-3,700 US dollars / ton (CPT Moscow, including value-added (Tax); The spot price of titanium dioxide produced by the Crimean Titanium Company remains basically unchanged at 105,000-110,000 roubles per ton.
At the current exchange rate of the ruble against the US dollar (January 20, 64.97 rubles = US$1), it can be found that the price gap between different brands of titanium dioxide exceeds more than twice. A trader said that there has never been a big gap between the price of titanium dioxide in Crimea, Europe and the United States.
At present, Russia's titanium dioxide market is still in a seasonal low demand season, traders also said that the current inventory of the warehouse is relatively high, inventory is more.
At present, the price of Asian titanium dioxide in the Russian market is 2,900-3,000 US dollars / ton (CPT Moscow, including VAT); DuPont titanium dioxide offer 3,650-3,700 US dollars / ton (CPT Moscow, including value-added (Tax); The spot price of titanium dioxide produced by the Crimean Titanium Company remains basically unchanged at 105,000-110,000 roubles per ton.
At the current exchange rate of the ruble against the US dollar (January 20, 64.97 rubles = US$1), it can be found that the price gap between different brands of titanium dioxide exceeds more than twice. A trader said that there has never been a big gap between the price of titanium dioxide in Crimea, Europe and the United States.
At present, Russia's titanium dioxide market is still in a seasonal low demand season, traders also said that the current inventory of the warehouse is relatively high, inventory is more.
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