tio2 used in plastic supplier

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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The current price of titanium dioxide ranges from $16,000 to $22,000 per metric ton, depending on the quality and purity of the product. The price fluctuations can be attributed to the changes in the aforementioned factors. For instance, an increase in raw material prices or a decrease in production capacity can lead to a rise in the cost of production, resulting in higher prices for consumers. On the other hand, an increase in market demand or a decrease in supply can lead to a decrease in prices.

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