Despite a bullish trends ruling the market for the bulk of the period, the North American market had mixed sentiments in the fourth quarter of 2021. This was mostly due to the adequate pushback from the supply-demand imbalance, which was further compounded by rising natural gas prices, which had taken a proper toll on the future production of numerous minerals, including titanium dioxide. An increase in COVID instances had prompted concerns in ore feedstock. As a result, during the fourth quarter of 2021, the FD UGSC (USA) quarterly average negotiations for the chemical CP Rutile Grade were finalised at USD 4434 per tonne.

Neutral

Hebei Caixin Material Technology Co., LTD., formerly established in 2005, is located in the core of Beijing-Tianjin-Hebei City cluster, close to Tianjin Port, the largest port in the north, with developed transportation and outstanding people. After the continuous efforts of Caiqing people, has accumulated assets for the company of nearly 200 million, nearly 1,000 employees, Caiqing technology has become the pigment titanium dioxide research and development, production, sales and import and export trade in one of the large company, we integrate industry resources, to provide personalized customized services for global customers. We adhere to the market-oriented, good faith as the principle, is committed to open up a diversified international market, for the world customers to provide quality products, efficient service, is our unremitting pursuit. We sincerely invite customers from all over the world to visit our company.