lithopone b311 quotes manufacturers

However, the market could not sustain these high prices and strived for equilibrium, causing the prices to fall. Further, after the complete removal of restrictions, the factories churned out products at a much faster pace than the market offtakes. Hence, the manufacturers reduced their quotations to maintain positive product movement in the market. The spot prices of titanium dioxide averaged around 2264 USD/MT in June’23 in the Chinese market.

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In terms of market dynamics, China’s titanium dioxide industry has witnessed substantial growth over the past decade. The increasing demand from emerging sectors such as new energy sources and high-end manufacturing has propelled the industry forward. However, challenges like overcapacity and intense competition remain. To maintain a leading position, Chinese producers are focusing on improving product quality, expanding into high-value markets, and exploring international opportunities.

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