India initiated anti-dumping investigation, and Chinese titanium dioxide enterprises actively responded
On March 28, the Indian Ministry of Commerce and Industry issued a notice saying that in response to the application submitted by Indian domestic enterprises, the anti-dumping investigation was launched on titanium dioxide originating in or imported from China, and the dumping investigation period was from October 1, 2022 to September 30, 2023 (12 months).This case involves products under Indian Customs Code 28230010 and some items 32061110 and 32061190.
On April 1, the China Coating Industry Association received a document from the Ministry of Commerce and the China Petroleum and Chemical Industry Federation on the "Indian Ministry of Commerce and Industry initiated an anti-dumping investigation on titanium dioxide originating in China", and immediately organized industry enterprises to respond to the lawsuit.
On April 15, the China Coating Industry Association urgently convened the "Indian titanium dioxide anti-dumping Response work" and notified the main problems and precautions of India's anti-dumping investigation against China.Liu Guolin, deputy director of the Information and Market Department of the China Petroleum and Chemical Industry Federation, introduced the international trade of titanium dioxide, and Dong Ping, Director of the Trade Coordination Department of the information and market Department of the China Petroleum and Chemical Industry Federation, explained the main problems and precautions of India's anti-dumping investigation against China.The meeting also invited domestic famous law firms to conduct professional legal counseling on Indian titanium dioxide anti-dumping cases, and more than 70 people attended the meeting.Whether it is the petrochemical Federation, the coating industry Association or titanium dioxide enterprises, they attach great importance to jointly face the current trade challenges and explore effective countermeasures.
It is understood that India has surpassed the United States to become the country with the most anti-dumping investigations against China.Since 1995, India has launched 340 anti-dumping investigations against China, more than half of which occurred in the past decade.
"After India launched an anti-dumping investigation on Chinese titanium dioxide, the Association immediately notified the domestic titanium dioxide production enterprises, and made contact with law firms, organized enterprises to defend the industry without damage, and will complete the questionnaire submission within the time required by India."We are now preparing and submitting the materials required by the industry to respond to the complaint."China Association titanium dioxide branch deputy secretary-general Chen Gang said.
It is understood that the Indian enterprises applying for anti-dumping investigation of Chinese titanium dioxide are the main manufacturers of titanium dioxide in India.Kerala Minerals and Metals Ltd.It is a state-owned enterprise producing chlorinated titanium dioxide in India, with an existing capacity of 35,000 tons/year.Travancore Titanium Products Ltd is a state-owned enterprise in Kerala, India, which produces anatase titanium dioxide.VV Titanium Pigments Pvt. Ltd belongs to V.V.Group, is the production of titanium dioxide private enterprises.
What is the impact of Indian anti-dumping investigation on China's titanium dioxide industry?Yan titanium industry analyst Yang Xun believes that there are two possibilities: first, similar to the EU anti-dumping situation, or the occurrence of large quantities of producers to the target country to do inventory, resulting in tight domestic spot supply, the market has been an important condition for high continued strength;Second, perhaps unlike the EU anti-dumping, the EU is to protect the interests of titanium dioxide producers in the system, while several Indian titanium dioxide producers have very small production capacity, and the vast majority of demand depends on imports.China is an important source country of titanium dioxide, the main feature is cost-effective, and the price is also the primary factor in the choice of titanium dioxide, once the anti-dumping duty, its domestic customers are also reluctant to see, there is a joint resistance to the possibility of tax increases, then it will be done.
Panhua Chemical chairman Ni Xiaoguang said that the company's high-end products export market distribution is relatively wide, mainly in Europe, the Americas, Asia, the Middle East, some countries, exports to the Indian market about 2000 tons a year.After India announced the anti-dumping investigation, they actively participated in the response organized by the association, while increasing the development of other markets.The company actively participates in the collective defense organized by the Titanium White branch of the Association, and considers responding independently.At the same time, it is planned to further increase the pace of going out, go abroad to participate in exhibitions and visit important customers to ensure the safety and smooth export channels.
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India is the country with the highest number of anti-dumping investigations against China.Between 1995 and 2023, India has launched 336 anti-dumping investigations against China.From January to April 2024, India has carried out anti-dumping investigations on Chinese aluminum foil, decorative paper, PVC, titanium dioxide and other products.
The global supply of titanium dioxide is mainly from China, Japan, Germany, the United Kingdom and other countries.China's titanium dioxide production capacity accounts for 55% of the world, reaching 5.646 million tons.
According to statistics, in 2023, China's titanium dioxide production reached a record high of 4.203 million tons.In 2023, the total annual export of titanium dioxide was about 1,641,800 tons, an increase of 16.75%, and the export volume reached a new high.
In 2023, China exported 247,600 tons of titanium dioxide to India.