titanium dioxide rutile tio2 emulsion latex paints manufacturer

China's dominance in the titanium dioxide market is a testament to its robust industrial infrastructure and advanced chemical processing capabilities. According to industry reports, China accounts for more than half of the global titanium dioxide production, making it the largest producer and exporter of this pigment worldwide. This is largely due to the country's abundant reserves of titanium-bearing minerals, such as ilmenite and rutile, which are the primary raw materials for TiO2 production.

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The prices of lithopone are influenced by several factors, including raw material costs, production capacity, supply and demand dynamics, regional economic conditions, and environmental regulations. Zinc and sulfur, the primary components of lithopone, are subject to fluctuations in their global market prices, which directly impacts the cost of lithopone production. Additionally, stricter environmental norms often lead to increased production costs for manufacturers, affecting the final pricing.

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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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