Shandong Doguide Group reduces titanium dioxide output

BEIJING (Asian Metal) 23 Apr 24 - One of the major titanium dioxide producers in China, Shandong Doguide Group plans to reduce their titanium dioxide output in April.Asian Metal Copyright "As we had an overhaul since mid-April and resumed production gradually after late April, our output expects to reach around 9,000t in April, down by 4,000t from last month," said a source from the company, adding that as they refuse to sell at prices lower than RMB17,500t USD2,416t at present.Asian Metal Copyright The output in April expects to reach around 9,000t, down by 4,000t from that of March.

"As we had an overhaul since mid-April and resumed production gradually after late April, our output expects to reach around 9,000t in April, down by 4,000t from last month," said a source from the company, adding that as they refuse to sell at prices lower than RMB17,500/t (USD2,416/t) at present.

Based on an annual production capacity of 220,000t, the plant expects to produce around 9,000t this month, down by 4,000t from last month. The total production volume in 2023 reached around 150,000t and the total volume so far in 2024 reached about 40,000t.

The current mainstream prices of rutile titanium dioxide 93%min in Shandong hover at RMB17,000-17,500/t (USD2,347-2,416/t) D/A 180 days, unchanged from early last week. As most producers face no pressure for stocks, insiders predict that the mainstream prices would remain stable in the coming week in spite of wait-and-see attitudes from downstream consumers.

.Asian Metal Copyright "As we had an overhaul since mid-April and resumed production gradually after late April, our output expects to reach around 9,000t in April, down by 4,000t from last month," said a source from the company, adding that as they refuse to sell at prices lower than RMB17,500t USD2,416t at presentAsian Metal Copyright