|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.