According to statistics from Tuduo, China's titanium dioxide output in July 2023 was 333,200 tons, a month-on-month increase of 3.77%, and an increase of 4.10% year-on-year; the cumulative output of titanium dioxide from January to July 2023 was 2.3087 million tons, a decrease of 2.83% year-on-year, and the output decreased to 67,100 tons.
In July, large factories reduced production, output in Sichuan declined, equipment started to increase in other manufacturers in the market, and output in Shandong, Henan and other regions increased. The overall output of titanium dioxide increased slightly in July.
The top three regions in July's output were Sichuan, Henan and Shandong, accounting for 21%, 15%, and 15% of the total output respectively;
In July, the output of chlorinated titanium dioxide was 44,800 tons. The cumulative output of chlorinated titanium dioxide from January to July 2023 was 348,700 tons, a year-on-year increase of 5.06%.
Due to manufacturers overstocking and rising raw material costs, the cost of titanium dioxide is high. In late July, the titanium dioxide market ushered in a wave of price increases. According to Tdd-global data, as of press time, the market price has increased from the low price in early July. Around 1000 yuan/ton; At present, manufacturers 'inventories are low, the market supply is tight, and due to the impact of high cost prices, the quotations of titanium dioxide companies remain firm. Manufacturers have many orders on hand. Some manufacturers started construction in August and increased production, and the equipment in the southwest factory has returned to normal. Titanium dioxide production will increase in August.
