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A steep decline in the prices of titanium dioxide was observed in the second half of 2022 as the erratic energy costs along with rising covid cases affected the market negatively. In addition to this, the decreased offtakes from paints and coating industries, weak economic growth, and strict restrictions imposed to deal with the resurgence of covid cases further aided the declining trajectory of titanium butoxide prices.

The safety of the food additive E 171 was re-evaluated by the EFSA ANS Panel in 2016 in the frame of Regulation (EU) No 257/2010, as part of the re-evaluation programme for food additives authorised in the EU before 20 January 2009.  

Inventory: Low inventory of mainstream producers, it is expected that the overall size of spot inventory today is low, and there is less stock in mainstream factories.2. Mentality: the buyer has to prepare goods in advance, and the new order price is slightly less willing to purchase in bulk; Because the seller's inventory is small, the manufacturer has no willingness to reduce the price of sales, and the demand for new orders in the market is relatively large.Trend: The load of titanium dioxide enterprises is stable, the willingness to ship at low prices is not strong, and the downstream buyers still have inventory digestion, and the intention to supplement orders in the short term is limited. It is expected that the market price of titanium dioxide is stable today, and the market trading atmosphere is more general.
According to the feedback of manufacturers, the new orders of mainstream factories maintain stable prices, and the overall new volume of the market is limited. On the demand side, the terminal basically had batch replenishment last month, and the purchase intention of new orders was low; On the supply side, mainstream manufacturers normally produce and deliver goods, and the actual output of the industry is stable. Most factories quote a new price of 17,000 yuan/ton or more market negotiation range reference 16000-17200 yuan/ton, plastics and papermaking related downstream feedback part of the tight model price is higher. Recent titanium dioxide raw materials are expected to weaken, titanium dioxide price support is relatively limited, comprehensive market factors, the current titanium dioxide market many buyers hold a wait-and-see mentality.