1. Most Discussed
  2. Gainers & Losers

titanium prices

  1. watso

    20,364 Posts.

    from the west australian

    Titanium faces tough times

    THE global titanium dioxide market is continuing to struggle in the face of tough market conditions with no immediate prospect of a recovery in demand, according to a new report.

    The report, released yesterday by Sydney-based researcher AME Mineral Economics, said demand for titanium dioxide pigment was "yet to pick up decisively" in the wake of the global economic downturn in 2001.

    AME said pigment producers were still battling to recover profit margins after a 15 per cent slump in prices through 2001 and early 2002. The report said major titanium minerals producers had cut their output last year in the face of oversupply and weak demand, noting Australian operator Cable Sands had offered redundancies due to mounting stocks and depressed prices.

    Projects being developed by new industry entrants in Australia and Africa were likely to place further downward pressure on prices.

    But the report also said production costs were falling. It estimated average cash cost of production of titanium minerals over a three-year period from 1999 to 2002 had fallen by more than 40 per cent.

    - Fran Spencer

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.