Output of Titanium Dioxide Stood at 337,700 mt in March, up 6.77% from February

SHANGHAI, Apr 11(SMM) - The domestic output of titanium dioxide stood at 337,700 mt in March, up 6.77% MoM, according to SMM statistics. The output totalled 974,200 mt, a year-on-year increase of 26.2%. According to SMM research, overseas demand was strong in March. Foreign trade orders have reduced the impact of weak domestic trade to some extent which was caused by the pandemic. The operating rates of domestic titanium dioxide enterprises remained stable. Considering that overseas giants announced to increase the selling prices of their products in April and May, which was bullish for domestic export orders. If the pandemic is under the effective control, the total output of titanium dioxide is expected to grow to 340,000 mt in April.