September 06, 2024 – China’s titanium dioxide sample enterprises reported a notable production figure of 370,200 tons in August 2024, marking a 4.31% increase from the previous month and a commendable 4.81% growth year-on-year. During this period, the utilization rate of titanium dioxide production facilities climbed to 75.86%, up 2.86 percentage points from the prior month, although it still lagged behind the previous year’s rate by 4.07 percentage points.
Throughout the month, several titanium dioxide enterprises that had undergone equipment maintenance resumed normal operations, with no new large-scale maintenance disruptions observed. This resumption significantly contributed to the overall increase in production and played a stabilizing role in market supply, as reported by ColorMasterbatchIndustry.com.
In terms of market pricing, the domestic titanium dioxide market experienced minor fluctuations in August but remained relatively stable overall. These subtle price adjustments did not drastically impact the market, instead providing a steady foundation for titanium dioxide production. Such market conditions allowed titanium dioxide enterprises to sustain their operations smoothly.