china r960 tio2

The demand for TiO2 has been steadily increasing over the years, driven by the growth of the paint and coatings industry, as well as the expansion of its use in other applications such as electronics and cosmetics. In addition, the increasing awareness of the environmental impact of traditional production methods has led to a growing interest in more sustainable production techniques, such as the use of bio-based feedstocks or the implementation of closed-loop processes.

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The second quarter of 2022 saw mixed market sentiments for titanium dioxide prices. Due to demands, constrained supply and ineffective production capacity brought on by the stretched supply chain, labour shortage, and high energy prices, the production of the chemical increased in Q2 of 2022. Moreover, the US Federal Reserve's tight monetary policy and high interest rates worsened the domestic trade picture, which at quarter's conclusion supported titanium dioxide's unfavourable market views.

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