Rutile price in Australia rises to highest for two years

Rutile price in Australia rises to highest for two years

Further constraints in the supply of rutile are pushing the price of the material in Australia to new long-term highs. The price of rutile in Australia was at its highest level for more than two years due to reduced production, while higher prices were expected soon with the market preparing for a new round of longer term deals in July, industry sources told Fastmarkets on Monday May 20.