A method for producing a composition containing low molecular weight polytetrafluoroethylene, the method including: (I) irradiating a composition containing high molecular weight polytetrafluoroethylene with ionizing radiation to obtain a composition containing low molecular weight polytetrafluoroethylene having a melt viscosity at 380° C. in the range of 1.0×102 to 7.0×105 Pa·s; and (II) decomposing a low molecular weight fluorine-containing compound contained in the composition containing low molecular weight polytetrafluoroethylene obtained above.