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Analysis of China's titanium dioxide output in May 2023

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June 12, 2023, 2:16 PM

According to statistics from Tuduo, China's titanium dioxide output in May 2023 was 337,200 tons, a month-on-month decrease of 4.57%, and a year-on-year decrease of 2.0%; the cumulative output of titanium dioxide from January to May 2023 was 1.6573 million tons, and the output decreased by 3.08% year-on-year.

 

In May, some manufacturers were under high production and inventory pressure, coupled with the impact of equipment problems, companies limited production and stopped production, and market output declined.

 

The top three regions in May's output were Sichuan, Henan and Shandong, accounting for 21%, 15%, and 14% of the total output respectively;

 

 

In May, the output of chlorinated titanium dioxide was 54,700 tons. The cumulative output of chlorinated titanium dioxide from January to May 2023 was 264,000 tons, a year-on-year increase of 10.88% in the same period. Affected by the market, some chlorinated titanium dioxide companies reduced production and production in May, and the market output decreased slightly.

 

 

In May, the market price of titanium dioxide was chaotic. Companies had high shipping pressure and market competition pressure. Titanium dioxide prices continued to decline. Due to the fall in raw material prices, the cost pressure of some companies was alleviated. The company planned to save and resume production in June, but was affected by the market as a whole. Weak, more than 20 companies in the market are under-employed, and the titanium dioxide market is under pressure to operate.