Market Dynamics
China ends anti-dumping duties on styrene-butadiene-rubber imports from Russia, Japan, South Korea
Time: 2014-09-11 Source from: www.mrcplast.com
China has ended its anti-dumping duties on styrene-butadiene-rubber (SBR) imports from Russia, Japan, and South Korea, effective Monday, September 8, the Ministry of Commerce said over the weekend, reported Apic-online.
In 2009, China extended its 4-38% anti-dumping duties on SBR imported from the countries by five years.
The tax expired Monday, and the ministry has been reviewing whether to extend it.
The ministry said the domestic industry urged it not to continue imposing the anti-dumping duty and, therefore, it decided not to continue it.
As MRC informed previously, China's Ministry of Commerce (Mofcom) will suspend anti-dumping duties on adipic acid (polyamide intermediate) from the European Union, the US and South Korea, if applications for expiry reviews are not received from domestic adipic acid producers.
Applications must be received at least 60 days prior to the 2 Nov. 2014 expiration of the measures. The duties, ranging from 5% to 35.4%, were imposed in 2009.