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Key Questions Answered in This Report:
Key Questions Answered in This Report:
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Titanium dioxide prices varied across the Asia-Pacific region in this quarter. The supply disruption caused by Russia's invasion of Ukraine made the supply of the feedstock titanium concentrate even more problematic, and in the first half of the second quarter, a bullish market outlook prevailed. The decline in TiO2 market values in India has also been backed by a decline in demand from downstream industries like automotive and construction.
When used in food specifically, titanium dioxide is known as an additive called E171 and can be found in products like candy, chocolate, coffee creamer, cake decorations, chewing gum and even vitamin supplements. E171 is often used as coloring additive in foods, to lend the processed item a natural whiteness and opacity — such as in Skittles candy, where it's used as a white base to help give the candies their signature bright, colorful hue.