The production cost is still on upstream

With more and more strict environment policy, the production costs increase day by day in China, Epsilon predicates the price will be still increasing in 2017. It doesn't come singly but in paris, chemicals' prices from the world will be also increased. The giant titanium dioxide company Cristal Global has declared all TiONA and Tikon will be increased since January 2017, 200.00usd/mt for Latin Amercian, East Europe, West Europe and Turkey. 150.00usd/mt for Russian, CIS regions, Middle East, Africa and Asia. Furthermore, Huntsman, Kronos, Tronox have already informed the prices will increase in the first quarter of 2017. The total export quantity of Chinese Titanium Dioxide from January to October 2016 is 595220.549tons, the most export countries is India, Amercia and Korea.

Beside Titanium Dioxide, ultramarine blue, chrome pigment and carbon black have been increased much, Epsilon wish all of our customers can inform us the purchase plan to avoid some of the increase.

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