Duties placed on Indian chemicals

Source:Global Times Published: 2018/2/7 22:03:40

China's Ministry of Commerce (MOFCOM) announced on Wednesday that imported m-phenoxybenzaldehyde originating from India will be subject to anti-dumping duties ranging from 36.2 percent to 56.9 percent. 

Following the preliminary ruling, importers of Indian m-phenoxybenzaldehyde should provide China Customs with corresponding deposits as determined by the ruling, according to a statement on the MOFCOM website.

MOFCOM said it "believed that there is dumping of imported m-phenoxybenzaldehyde from India, which has substantially harmed domestic industry."

M-phenoxybenzaldehyde is mainly used in the production of pesticides. India is the world's largest producer of m-phenoxybenzaldehyde and China is the country's largest export market.



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