SMM Analysis On China October Titanium Dioxide Production And November Forecast

Published: Nov 12, 2024 10:17

Source: SMM

Save

According to SMM data, China's titanium dioxide production in October 2024 decreased by 3.5% MoM.

According to SMM data, China's titanium dioxide production in October 2024 decreased by 3.5% MoM. The operating rate of titanium dioxide smelters in Panzhihua slightly declined due to inspections by the environmental protection inspection team. Additionally, demand in October was relatively sluggish, highlighting the supply-demand mismatch. With leading companies lowering prices at the beginning of October, market prices continued to weaken. Furthermore, with the potential announcement of anti-dumping duties by India and Brazil in October, competition in the titanium dioxide market intensified, and market sentiment was cautious. It is expected that titanium dioxide production in November will continue to decrease slightly.

In early November, the reduction in titanium dioxide prices made downstream orders more cautious, and market sentiment remained cautious. The pressure to deplete market inventory gradually increased. Due to the impact of anti-dumping duties, some export orders were temporarily delayed, leading to an increase in manufacturers' inventory. SMM expects that domestic titanium dioxide production in November will slightly decrease.

Market forecast Market review

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

14 hours ago

Silicon Metal Market Review for January and Outlook for February

In January, the silicon metal market experienced a relatively loose supply-demand balance, with a theoretical inventory buildup of approximately 30,000 mt. In February, both supply and demand contracted simultaneously, and the market is expected to show a tight balance or minor destocking. The current high industry inventory still requires time to be digested, and the sustainability of destocking remains a key variable affecting price trends and market sentiment.

14 hours ago

18 hours ago

A plant in northern China is calling for bids for indium ingots and bismuth ingots

SMM, February 6 - According to SMM’s investigation of market information, a large smelter in northern China began public bidding for a certain quantity of indium ingots and bismuth ingots starting yesterday. Market sources indicate that the starting price for these indium ingots exceeds 4,000 yuan per kilogram, while the starting price for bismuth ingots is above 150,000 yuan per ton. The bidding results are expected to be announced before the Spring Festival. Market participants note that, given the clear trend of sluggish trading activity ahead of the Spring Festival, the timing of this bidding is not ideal. However, the relatively favorable starting prices have generated considerable market anticipation for the outcome of the bidding.

18 hours ago

Feb 5, 2026 19:18

[SMM Analysis] Futures Lack Momentum to Rise Further, Pre-Holiday Demand Stalls, and Stainless Steel Social Inventory Accumulation Intensifies

Feb 5, 2026 19:18