Dupont says TIO2 volume was flat y/y and up 8 % vs 4Q. 4Q had higher vol than 3Q so, inventory driven drop in demand appears to be behind us. Not sure if we will see any large increases in demand, but even low growth should stop the price erosion. This bodes well for TROX.
I agree and thanks for posting. You beat me to it. working through inventories will help with higher capacity utilization at the plants which in turn should help earnings. Demand will eventually pick up. Trox is a new company and stock that can double in price over the next several years.