GREY:ARGEF - Post by User
Post by
white0rabbiton Sep 07, 2013 8:36am
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Post# 21724566
TiO2 market current situation
TiO2 market current situationThe global inventories dropped from 80-100 days (Jan'13) to 45-50 days.
Knowing that the critical level is 40 days, the announced price increased could be implemented in the fourth quarter, at a lowest level (4 cts/lb), even during this lowest TiO2 season.
But in any case, the market is moving to a shortage by mid-2014, same situation like in 2010...
A good timing for Argex!!!