[Titanium Dioxide] Analysis of China's Titanium Dioxide Production in September 2024

According to Tdd-global's statistics,In September 2024, China's titanium dioxide output was 397,800 tons, a month-on-month decrease of 2.92%, and a year-on-year increase of 6.65%;The cumulative output of titanium dioxide from January to September 2024 was 3.5817 million tons, an increase of 18.09% year-on-year, and the output increased by approximately 548,600 tons.

In September, titanium dioxide output declined in most regions. Affected by the market, raw material costs, environmental protection inspections, etc., enterprises were under great pressure on production. The output in Sichuan, Henan, Shandong and other regions all declined in varying degrees. The overall output in September was lower than that in the previous month.

The top three regions in September's output were Sichuan, Henan and Shandong, accounting for 20%, 13%, and 13% of the total output respectively;

In September, the output of chlorinated titanium dioxide was 54,700 tons, a year-on-year increase of 7.63% and a month-on-month decrease of 2.23%.The cumulative output of chlorinated titanium dioxide from January to September 2024 was 484,400 tons, a year-on-year increase of 8.75%.

In September, the market entered the traditional peak season. Due to weak demand, the market remained weak and downward. Shipping pressure was great. Some manufacturers cut production and stopped production, and started to decline. However, demand was still relatively low in October, and the contradiction between supply and demand was prominent. In early October, the price of dragon enterprises was lowered, and the market price continued to weaken. In addition, the anti-dumping tax rates from India and Brazil were announced in October or one after another. The titanium dioxide market was under high competition pressure, and the market wait-and-see attitude was strong, and titanium dioxide prices continued to be discussed.