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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.
Food containing titanium dioxide that is lawfully placed on the EU market before 7 August 2022 may remain on the market until its date of minimum durability or its ‘use-by’ date has passed. Food produced or placed on the market after 7 August 2022 cannot contain titanium dioxide. The ban on the use of titanium dioxide is effective in each EU Member State, and in Northern Ireland. Some third countries, such as the United Kingdom (excluding Northern Ireland), continue to permit the use of titanium dioxide.
With the increasing demand for titanium dioxide in various industries, the search for reliable suppliers has become crucial. Among the numerous suppliers in the market, r 996 titanium dioxide suppliers have emerged as one of the leading suppliers in the industry.
According to Procurement Resource, the prices of titanium dioxide are expected to showcase mixed sentiments. With trade and supply-chain normalization, the automotive and construction sectors are estimated to improve their global performance, thus affecting the prices positively.