tio2 used in plastic manufacturer

Firstly, it's essential to understand what makes lithopone a preferred choice for many consumers. Unlike traditional lead-based paints, lithopone is free from harmful substances, making it an environmentally friendly option. Its superior coverage means that fewer coats are needed to achieve the desired finish, which translates to cost savings for homeowners and contractors alike. Moreover, lithopone's brightness index is higher than most pigments, ensuring a vibrant and long-lasting appearance on walls.

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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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Raw material costs, particularly the price of titanium ore, have a significant impact on the price of titanium dioxide. As the cost of titanium ore rises, manufacturers may pass on these increased costs to consumers, leading to higher prices for titanium dioxide. Additionally, production capacity can also affect the price per ton. When there is excess capacity, manufacturers may compete for market share by lowering prices, which can lead to lower prices for consumers.

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