Lithopone is a white pigment that is commonly used in a variety of industries, including the paint, plastic, and rubber industries. With 30% of the world's lithopone factories located in China, the country plays a significant role in the production and supply of this important chemical compound.

Price Dynamics. The Titanium Dioxide price in United States decreased during December 2018 to 2,770 USD per metric ton, which represents a decline of 7% compared to the previous month’s value. On a year-over-year basis, Titanium Dioxide prices in United States remained constant . Meanwhile, in Germany, the average price of Titanium Dioxide amounted to 3,720 USD per metric ton, from 3,460 USD per metric ton one year earlier. On a month-over-month basis, the Titanium Dioxide price in Germany is 11% higher than the price one month before.

Titanium dioxide prices climbed significantly in the European region during Q2 2021, owing to strong demand from the downstream sector. Major global suppliers indicated that they have seen a surge in its demand for primarily from Europe and Asia, despite a global supply constraint. Furthermore, a global player raised titanium dioxide costs in Europe by 200 USD /MT this quarter, effective Q3 2021.