BEIJING, Jan. 23 (Xinhua) — China’s Ministry of Commerce introduced Wednesday a choice to increase anti-dumping duties on ortho-dichlorobenzene (ODCB) imports from Japan and India for 5 years, efficient Jan. 23, 2025.
This determination follows a sundown assessment initiated in January 2024 on the request of China’s ODCB trade. The assessment concluded that dumping and hurt to the home trade would seemingly recur if the measures had been terminated.
Under the prolonged measures, the responsibility charges will stay unchanged from these established in 2019. Japanese firms will proceed to face a 70.4 % anti-dumping responsibility, whereas all Indian firms might be topic to a 31.9 % responsibility.
Importers are required to pay anti-dumping duties to Chinese customs when importing ODCB from Japan and India. The responsibility is calculated based mostly on the customs-assessed import worth.
ODCB is a chemical extensively utilized in varied purposes, together with pesticides, prescribed drugs and dyes.