According to statistics from Tuduo, China's titanium dioxide output in June 2023 was 321,100 tons, a month-on-month decrease of 7.13%, and a year-on-year decrease of 4.48%; the cumulative output of titanium dioxide from January to June 2023 was 2.0557 million tons, a decrease of 3.95% year-on-year, and the output decreased to 81,300 tons.
In June, the output of large factories increased and decreased. Due to the weak market, small factories stopped production of equipment, and the market output declined slightly; in July, some units of large factories stopped production, and the market output will decrease again.
The top three regions in June's output were Sichuan, Henan and Shandong, accounting for 23%, 15%, and 13% of the total output respectively;
In June, the output of chlorinated titanium dioxide was 47,700 tons. From January to June 2023, the cumulative output of chlorinated titanium dioxide was 311,700 tons, a year-on-year increase of 8.11%.
In the off-season of the market, the market was operating in a weak position in June. In early July, the prices of new orders of some enterprises in the market were lowered again. Terminal demand was weak. The demand in the titanium dioxide market was difficult to increase, and the market supply also continued to decrease. Due to the high cost price, the titanium dioxide price basically There is no room for decline, and the market output will decline again in July, and the titanium dioxide market may operate in a weak and stable manner.
