A certain titanium dioxide enterprise in Shandong Province suspended its production due to major provincial activities. Until June 12th, the production capacity of the company occupies 21.11% of the total production capacity of the Shandong region. The suspended production has affected the production of about 0.5 million tons, accounting for 12.72% of Shandong's monthly production. The source said that at present, the company's inventory is not large, may not be enough to deal with the end of production.
In addition, after the year, some companies restricted production due to environmental protection or other reasons and stopped production, involving a production capacity of 590,000 tons, accounting for a total of 16.62% of the country's total production capacity. Together with the suspension of production in Shandong, it affected production of approximately 33,500 tons, accounting for monthly production. 16.75%.
Demand: From April till now, the environmental protection inspections for the Yangtze River region are very strict. Paints and paper companies are mostly stopped. Downstream companies just need to purchase titanium dioxide. The dealers are not confident in the market outlook and only reserve stocks.
Due to the suspension of production of a certain company in Shandong, the supply will be reduced accordingly, or it may inject a strong booster to the currently stagnant market, affecting the surrounding markets.
In addition, through a logistics company, Qingdao will restrict vehicles from June 6th to June 12th.
The source of the logistics company also revealed that it has stepped up the inspection and supervision of various types of vehicles and ships, and the truck has a cargo weight limit of 25 tons.
The suspension of production may cause the price of titanium dioxide in some regions to rise. The limit line will affect the normal transport of titanium dioxide. Demand friends need to prepare in advance.