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Statistics recently released by the General Administration of Customs show that in January ~ September this year, the cumulative import volume of titanium dioxide in China was about 107,200 tons, down 27.
01% year-on-year; The cumulative export volume was about 1.
0728 million tons, a year-on-year increase of 14.
3%.
In terms of imports, affected by weak domestic demand and high prices of imported titanium dioxide, China's titanium dioxide imports continued to decline sharply this year, of which imports hit a record low
in September.
In terms of exports, in the first three quarters, China's total exports of titanium dioxide accounted for 36.
43%
of the total domestic output.
Among them, March is the highest export period of titanium dioxide this year, with an export volume of 145,000 tons
.
However, in the third quarter, with the weakening of the European and American economies, China's titanium dioxide exports began to decline, but the overall remains optimistic
.
Industry insiders believe that affected by good foreign demand and high foreign costs, the price difference between domestic and foreign titanium dioxide has gradually expanded, and the price advantage of domestic titanium dioxide is obvious
.
At the same time, affected by the energy crisis and the decline in market demand, foreign giants have recently said that they will shut down titanium dioxide production equipment, which may further benefit China's titanium dioxide exports
.