The European Union&#xx;s imposition of provisional anti-dumping duties on Titanium Dioxide (TiOx) imported from China has led to a notable increase in prices within the European market. Since the mid of July xxxx, Titanium Dioxide prices have risen by approximately x.xx.
This price surge of Titanium Dioxide follows the European Commission’s decision to implement temporary duties aimed at protecting the EU market from unfair trade practices. The anti-dumping regulation was introduced to address concerns that Chinese companies were selling Titanium Dioxide at prices significantly lower than the market value, which was seen as detrimental to local European producers. The provisional duties, set at various rates depending on the exporting company, are intended to counterbalance these low-priced imports of Titanium Dioxide while the European Union continues its investigation.
The duties have varied among Chinese exporters, with some companies facing a duty as high as xx.xx. These measures...
