The other stock which keeps its buy rating is Iluka Resources.
"After four years of declining prices, for both zircon and titanium dioxide feedstock, we believe prices are now in the process of rising or about to rise (depending on the commodity and end market) over the next couple of years," the analysts wrote a few weeks back.
TiO2 Summit: US price rises as industry recovers
By KASIA PATEL
Published: Thursday, 06 October 2016
Titanium dioxide producer price hikes in the US are seeing some degree of acceptance in the market as the health of the overall industry is recovering following a long period of oversupply.
Titanium dioxide (TiO2) price increases from North American producers are sticking, while Chinese price increases are lagging slightly, IM heard 6 October at the TiO2 World Summit held in Cleveland, Ohio, US.
TNG Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
