The small increase in sales and output of titanium dioxide is "overwhelmed" by the market

It is reported that Connors' titanium dioxide sales and output have increased slightly this year, but this has also been offset by the generally low prices in the market
.
The company's factory operating rate in the first half of this year was 97%
.


In terms of sales volume, the second quarter increased by 5% year-on-year
.
The increase in sales was mainly due to the increase in exports in the European market and other regions, and a slight decrease in the North American market
.


In addition, fluctuations in the exchange rate between the U.
S.
dollar and other currencies (mainly the euro) reduced the company's net sales in the second quarter by US$44 million, and the impact of exchange rates reduced sales in the first half of the year by US$77 million
.


In terms of price, the average price of titanium dioxide in the second quarter decreased by 13% year-on-year and 3% month-on-month, which was a 10% decrease from the average price at the end of 2014
.