tr 93 titanium dioxide suppliers

One of the key challenges facing the wholesale TiO2 market is the volatility in raw material prices, particularly for titanium-bearing ores such as ilmenite and rutile. These raw materials are subject to price fluctuations due to factors such as geopolitical tensions, supply chain disruptions, and changes in demand from end-use industries. As a result, manufacturers may face challenges in managing their production costs and maintaining competitive pricing in the market.

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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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