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

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September 10, 2024, 5:14 PM

According to Tu Duoduo's statistics,In August 2024, China's titanium dioxide output was 406,300 tons, a month-on-month increase of 4.66%, and a year-on-year increase of 14.07%;The cumulative output of titanium dioxide from January to August 2024 was 3.1803 million tons, a year-on-year increase of 19.56%, and the output increased by approximately 520,300 tons.

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In August, the regional output of titanium dioxide varied. As maintenance companies resumed production, the output of Henan, Shandong, Zhejiang and other regions increased in varying degrees in August. Affected by the maintenance of individual companies, the output of Sichuan, Anhui and other regions declined slightly, but the overall increase is still higher, and titanium dioxide output is rising.

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The top three regions in August output were Sichuan, Anhui and Henan, accounting for 21%, 14%, and 13% of the total output respectively;

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In August, the output of chlorinated titanium dioxide was 55,300 tons, a year-on-year increase of 20.32% and a month-on-month increase of 7.69%.The cumulative output of chlorinated titanium dioxide from January to August 2024 was 429,100 tons, a year-on-year increase of 8.74%.

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In August, titanium dioxide shipments were flat, domestic demand was weak, and the market supply-demand relationship was unbalanced. However, the market start-up status basically returned to normal levels. Some companies were under maintenance, and the titanium dioxide market price was weak and stable. With the arrival of the Golden Nine, demand has still not been improved. There has been a major improvement, the market wait-and-see attitude is strong, and the market supply is high. The titanium dioxide market is mainly stable, and the transaction price is single.