China's Titanium Dioxide Output Stood at 339,800 mt in June and is Expected to Fall Slightly to 336,500 mt in July

SHANGHAI, July 5 (SMM) - According to SMM, China's titanium dioxide output stood at 339,800 mt in June, up 0.39% month on month and 7.96% on the year. The output totalled 2.0015 million mt from January to June, a year-on-year increase of 5.01%.

According to SMM, as the downstream demand was weak amid the sluggish market, the inventories of some titanium dioxide enterprises increased. A sales staff of a large enterprises said that the titanium dioxide prices may still fall under the pressure in the short term as the cost support of sulphuric acid and titanium ore prices is insufficient in the off-season. According to the current production plans, some plants have reduced the production for maintenance in July due to the weak downstream demand. The domestic titanium dioxide output is expected to fall slightly to 336,500 mt in July.