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The European Titanium Dioxide market is currently experiencing a period of bearish price trends. largely driven by softening of demand from the downstream automotive and construction sectors. The market is currently in a destocking phase. Buyers are hesitant to commit to large purchases, given sluggish international demand. The limited export opportunities further contributed to a quiet market, leaving many buyers’ contents with minimal inventory levels.
The European Commissionx;s imposition of definitive anti-dumping duties on Chinese Titanium Dioxide in early January marks a significant development. Following an investigation revealing dumping and subsequent damage to the EUx;s Titanium Dioxide industry, duties ranging from €x.xx/kg to €x.xx/kg were implemented. This tariff aimed to balance protecting the EU Titanium Dioxide industry with the needs of TiOx users within the Union. Specific examples include Anhui Jinxing Group facing a €x.xx/kg tariff, while Longbai Groupx;s tariff was set at €x.xx/kg. These duties,...
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