Users of titamium dioxide (TiO2) are bracing themselves for rising prices The price of the pigment, widely used in the plastics industry, continues to soar as producers face stronger demand and higher raw material costs. TiO2 has seen a sharp global upward price spiral over the past twelve months. European prices for the pigment increased by ?l00-200/tonne in the first quarter of 2011. The increase continued a trend seen throughout 2010, when prices soared by ?450-470/tonne over the course of the year. According to pricing service ICIS, free delivered NWE (north-west Europe) TiO2 prices were trading between ?2,300-2,550/tonne in early March.
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