A bit of product price feedback from the Base Resources Quaterly.
- 40% increase in ilmenite prices in the quarter, with further price increase locked in for contracted March quarter sales.
- The TiO2 pigment industry maintained its strength through the quarter resulting in further price improvement and ongoing strong demand for TiO2 feedstock. This is encouraging and a departure from the traditional seasonal slow-down in the lead up to the end of the calendar year. Global pigment producers announced a series of price increases over the course of
2016, with a number of major producers recently announcing a further price increase effective from 1 January 2017
The detail in the Annual Report could be interesting.
A bit of product price feedback from the Base Resources...
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