SMM Data: China’s Titanium Dioxide Output In August And Forecast For September

Published: Sep 13, 2023 13:09
Source: SMM
SHANGHAI, Sep 13 (SMM) – According to SMM data, the production of titanium dioxide in China was 330,000 mt in August 2023.

SHANGHAI, Sep 13 (SMM) – According to SMM data, the production of titanium dioxide in China was 330,000 mt in August 2023. This represents an increase of 6.2% MoM but a decrease of 13.6% YoY. The cumulative production for the year reached 2.53 million mt, with a cumulative decrease of 3.2% YoY.

Following the conclusion of the World University Games, titanium dioxide manufacturers in the Sichuan region gradually resumed production. Influenced by the arrival of the traditional peak season, downstream manufacturers chose to stock up in advance, which increased the enthusiasm of titanium dioxide enterprises. As a result, the total domestic production of titanium dioxide increased by 20,000 mt MoM. Based on the current operating conditions of the companies, the titanium dioxide market has seen a recovery in orders MoM, and there is a shortage of supply for certain types of titanium dioxide. It is estimated that the domestic production of titanium dioxide in August will continue to grow, reaching approximately 340,000 mt.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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