Ceramic mug shares on Tuesday fell 1.82% half-day, into the cities worst industry sector. CIMIC (9.50, -0.41, -4.14%) fell 5.05%, Kelvin new material (19.610, -0.28, -1.41%) fell 3.92%. Chinese exports to the EU imposed punitive tariffs on ceramic pressure effects appear.
Recently, the EU ruled that the proposed collection of Chinese ceramics punitive import tariffs, tax rates as high as 69.7%, for a period of 5 years. Some analysts said the move or lead other countries to follow suit, ceramic industry, the outlook is not optimistic.
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