Titanium dioxide prices in the Asian market skyrocketed due to high demand and limited stock availability. Prices in the Chinese market surged significantly, reaching 2875 USD /MT at the end of March, well above the USD 2015/MT level in January 2021.

Sunscreens and cosmetics containing titanium dioxide are generally considered safe since they are mineral-based products. Mineral products are often recommended for acne-prone and sensitive skin. However, there have been some concerns that titanium dioxide may have a negative impact on health.

3. Ceramics

According to the feedback of manufacturers, the new orders of mainstream factories maintain stable prices, and the new volume of the market after the holiday is limited. On the demand side, the terminal basically has batch replenishment before the festival, and the purchase intention of new orders is 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 material prices are strong, titanium dioxide price support is more stable, comprehensive market factors, the current titanium dioxide market to maintain a stable price.

The US and Canada, however, approve the use of titanium dioxide as a food additive. Canada's recent review of titanium dioxide reconfirmed its safety and pointed out that many of the toxicity studies the EU reviewed were not relevant to the safety of titanium dioxide as a food ingredient, and that the ban is based on an abundance of caution and uncertainty.