This can help ensure a steady supply of raw materials and reduce transportation costs, ultimately allowing suppliers to offer more competitive prices to their customers This can help ensure a steady supply of raw materials and reduce transportation costs, ultimately allowing suppliers to offer more competitive prices to their customersRecent policy changes in regard to titanium dioxide
One of the key factors contributing to China's success in this sector is its well-developed infrastructure and logistics network. The country's extensive railway system, ports, and highways facilitate the transportation of raw materials and finished products efficiently, reducing costs and improving overall efficiency. Additionally, China's commitment to technological innovation has led to the development of advanced production techniques and equipment, further enhancing its competitiveness in the global market.Coronavirus-related shutdowns in the first half of the quarter prompted forcible measures at several small-scale ilmenite factories in China and India, subsequently exacerbating the Titanium supply problem. The chemical's tight supply condition was extended until the end of the quarter, as few participants were heard holding cargoes in expectation of an exceptional surge in its seasonal demand.
Titanium dioxide is used a food colour (E171) and, as with all food colours, its technological function is to make food more visually appealing, to give colour to food that would otherwise be colourless, or to restore the original appearance of food. Titanium dioxide is also present in cosmetics, paints, and medicines.
