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The titanium dioxide market fluctuated in the first two quarters of 2023. These pricing patterns resulted from poor demand and reduced intakes from the downstream industries. Amid the slow demand, the manufacturers were forced to reduce their outputs. With rising inflation rates, production cuts gradually increased. Given the economic downturn, the labor strikes further affected the market dynamics, thereby exerting pressure on the pricing fundamentals.

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Factories specialized in barium sulfate production employ different techniques to refine the mineral. The most common method is the wet process, where barite is ground and mixed with water, allowing lighter impurities to float while the heavier barium sulfate sinks. After separation, the resulting slurry is dried and heated to obtain the final product. Some advanced factories also utilize flotation or magnetic separation methods to enhance purity.

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