Prices increased somewhat in the Asian market during the third quarter of 2021. After a steady recovery since mid-June, its price in India fell slightly in August, pushed down by lower import prices. Titanium dioxide prices continued to rise in the Chinese domestic market, with FOB Wuhu talks for Rutile grade TiO2 settling at 3125 USD/MT for the week ending September 24th.
Titanium dioxide is an inert earth mineral used as a thickening, opacifying, and sunscreen ingredient in cosmetics. It protects skin from UVA and UVB radiation and is considered non-risky in terms of of skin sensitivity. Because it is gentle, titanium dioxide is a great sunscreen active for sensitive, redness-prone skin. It’s great for use around the eyes, as it is highly unlikely to cause stinging.
TiO2 is also used in the production of plastics, where it serves as a whitening agent and UV stabilizer. By incorporating TiO2 into plastic products, manufacturers can enhance their appearance, increase their lifespan, and improve their resistance to sunlight and weathering. Additionally, TiO2 helps prevent the degradation of plastic materials, ensuring that they retain their properties and performance over time.
