mica titanium dioxide iron oxide factories

Despite a bullish trends ruling the market for the bulk of the period, the North American market had mixed sentiments in the fourth quarter of 2021. This was mostly due to the adequate pushback from the supply-demand imbalance, which was further compounded by rising natural gas prices, which had taken a proper toll on the future production of numerous minerals, including titanium dioxide. An increase in COVID instances had prompted concerns in ore feedstock. As a result, during the fourth quarter of 2021, the FD UGSC (USA) quarterly average negotiations for the chemical CP Rutile Grade were finalised at USD 4434 per tonne.

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Another critical advantage of using TiO2 in pigments is its non-toxic nature. Unlike some traditional pigments that may contain heavy metals or other harmful substances, TiO2 is recognized as safe by regulatory bodies around the world. This attribute allows manufacturers to develop products that are not only visually appealing but also meet stringent health and safety requirements. As consumer awareness about health issues increases, the demand for non-toxic pigments continues to rise, further solidifying TiO2's position in the market.

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