Analysis of China's titanium dioxide output in November 2023

According to statistics from Tuduo, China's titanium dioxide output in November 2023 was 389,400 tons, a month-on-month decrease of 2.73%, and an increase of 21.46% year-on-year; the cumulative output of titanium dioxide from January to November 2023 was 3.8252 million tons, a year-on-year increase of 7.27%, and the output increased by approximately 259,300 tons.

In November, the market was affected by maintenance such as power outages and gas outages by some manufacturers. Construction in some areas declined, and market output fell slightly.

The top three regions in November's output were Sichuan, Shandong and Anhui, accounting for 20%, 15%, and 12% of the total output respectively;

In November, the output of chlorinated titanium dioxide was 53,600 tons. The cumulative output of chlorinated titanium dioxide from January to November 2023 was 553,500 tons, a year-on-year increase of 23.16%.

In November, the titanium dioxide market was stable and weak. The market entered the off-season, and demand was insufficient to follow up. In addition, new production capacity of some enterprises in the market was successively released. The pressure on new orders was high, the inventory of some manufacturers increased, and the pressure on market price competition was high. In addition, the price of Longqi was announced to be lowered, and the focus of transactions in the titanium dioxide market shifted downward. In December, as some manufacturers resumed construction, market supply increased, but the domestic demand market was still weak, and enterprises were under high operating pressure. In December, some manufacturers re-established maintenance plans.