The Pigment Price Forecast is developed concurrently with TZMI’s Global TiO₂ Pigment Producers Comparative Cost and Profitability Study, the benchmark analysis of the leading industry producers. The study covers over 60 pigment plants spread across 27 countries and covers over 90% of the 2010 output. The study is an independent analysis built up from individual plant cost structures plus an analysis of global pigment trade during 2009. The forecasting of regional pigment prices included in Pigment Price Forecast is aligned to TZMI’s forecast for pigment plant cash costs.