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HERO ID
1584133
Reference Type
Journal Article
Title
Minsands majors clash over market outlook
Author(s)
John Ollett Kasia Patel
Year
2012
Is Peer Reviewed?
0
Journal
Industrial Minerals
ISSN:
0019-8544
Publisher
Euromoney Trading Limited
Page Numbers
n/a
Abstract
Iluka's strategy also involves adapting its contracts in times of slow demand: "Iluka's marketing approach over recent years has involved changing sales contract periods from multi-year or annual arrangements to much shorter periods - quarterly or spot in the case of zircon and six-monthly, quarterly or spot in the case of titanium dioxide products." DuPont expects TiO 2 feedstock demand to pick up, in complete opposition to Iluka's statement: "We expect demand for TiO 2 pigment to be stronger than that of ore due in part to changes in inventory levels. We remain confident in our TiO 2 outlook for the rest of the year and longer term, and our team will continue to stay close to the market and our customers," said [Chong]. Tronox, however, seemed to agree in part with Iluka: "We think that pigment producers... are seeing somewhat lower demand, and may be switching more of their feedstock requirements from the higher-priced synthetic rutile to lower priced slag because the input cost savings outweigh the reduced production efficiencies in a soft demand market," said [Tom Casey].
Keywords
(Aug 2012)
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