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The global titanium dioxide (TiO2) market remains divided between Chinese oversupply and European supply constraints. As Brent crude falls below $80 per barrel and freight costs ease, Chinese TiO2 exports are becoming increasingly competitive in Europe, reshaping procurement decisions for coatings, plastics, and pigment buyers.
India's downstream petrochemical manufacturers enter July with a new cost structure as import duties return across key raw materials. This analysis explains how the reinstated duties affect plastics, textiles, pharmaceuticals and procurement strategies while lower crude prices help soften the overall impact.
PTA and paraxylene markets enter a critical phase as the Hormuz ceasefire changes supply expectations across Asia. Procurement teams must decide whether to secure volumes at current levels or wait for potential supply normalization during Q3 2026.
