China's Ministry of Commerce announced on Thursday that it will initiate an expiry review of the anti-dumping measures imposed on toluidine imports from the European Union (EU).
Since 2013, China has levied anti-dumping duties on toluidine, an essential organic chemical used in producing dyes, medicines, and farm chemicals. These duties ranged from 19.6% to 36.9%, affecting imports from various EU companies.
In 2019, China extended these duties for an additional five years. However, domestic toluidine producers have now requested a review to assess whether terminating these measures might lead to continued dumping and potential market harm.
During the review process, the Customs Tariff Commission of the State Council will maintain the current anti-dumping duties, keeping the scope and rates unchanged. Specifically, toluidine imports from LANXESS Deutschland, GmbH will continue to face a 19.6% duty, while imports from other EU companies will remain at 36.9%.
Notably, toluidine imports from Britain are set to be exempt from these anti-dumping measures starting June 28, providing some relief to British exporters in the Chinese market.
This review highlights China's ongoing efforts to balance protecting its domestic industries with fostering fair trade practices. The outcome will be closely watched by both EU exporters and Chinese manufacturers involved in the toluidine market.
Reference(s):
China to review anti-dumping measures on toluidine imports from EU
cgtn.com
