Met our paint supplier rep this week. He tells me there’s going to be a price increase effective early next year – 5-6% for paint. We’ve had steady increases for at least the last 5 years.
Here’s what’s going on: titanium dioxide is a key ingredient in paint. Or, at least, high quality paint. TiO2 is a naturally occurring, mined product – just like the gypsum used in drywall. It looks a lot like baking soda. It’s used in sunscreen (the white paste on your life guard’s nose) and also in paint.