China imposes anti-dumping duties resorcinol imports from US, Japan

China imposes anti-dumping duties on resorcinol imports from US, Japan

4:08 AM, 25th March 2013
China imposes anti-dumping duties on resorcinol imports from US, Japan

BEIJING, CHINA: The China Ministry of Commerce (MOC) will impose anti-dumping duties on resorcinol imports from the United States and Japan, starting from 23 March 2013. China will levy a 40.5 per cent tariff on resorcinol imported from Japan and a tariff of 30.1 per cent on that imported from the United States, according to an online statement from the ministry. The duties will last for five years, the ministry said.

The final ruling came after the ministry found that the domestic industry has been substantially harmed by the two countries’ dumping of resorcinol. The ministry has been investigating the issue since March 2012.

© Xinhua News

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