On July 12 2024, the European Commission published the preliminary ruling document on the anti-dumping investigation of titanium dioxide in China, calculating the anti-dumping duty rate according to the dumping margin:
39.7% for LOMON products
14.4% for CHTI products
35% for other responding enterprise
39.7% for other non-responding enterprises.
The EU announced the implementation of preliminary anti-dumping duty rates on July 12, the provisional implementation time is six months, in the face of high exchange rates and high sea freight under the influence of this tax rate increase further aggravate the export market price of titanium dioxide; As the main domestic titanium dioxide export concentration in Europe, after the announcement of the anti-dumping preliminary tax rate, titanium dioxide enterprise export orders began to weaken, and domestic enterprises are also actively responding to the suit.
It is reported that under the influence of tax rates, all enterprises have made exports to Europe share to sell to other countries, and in China's titanium dioxide production capacity continued to expand, the proportion of global production capacity continues to increase, exports will be as an important path for domestic titanium dioxide production capacity to increase, although the short-term export pressure is increasing, but the long-term view of titanium dioxide export market will continue to grow.
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