China to impose anti-dumping duties on EU potato starch

BEIJING - China's Ministry of Commerce said Monday it will impose anti-dumping duties on potato starch imports from the European Union (EU), effective April 19.Related readings:
China extends anti-dumping probe into EU, US polymerThe duty rates will depend on the dumping margin, or the difference between the average value in the product's country of origin and the export price, the ministry said in an interim review ruling.Netherlands' ABEVE has a dumping margin of 12.6 percent, and France's Roquette Freres SA and other EU companies have a margin of 56.7 percent, said the ministry.Potato starch is mostly used in the food industry in China.

Comments

Popular posts from this blog

China goes organic after scandal of cooking oil from sewers

Gang murders man then sues for compensation

8,000 affected by icy highway havoc