Off the wire
• Sri Lankan cabinet approves establishing financial city on Chinese project  • Palestinian arrested for allegedly planning shooting attack on Israeli soldiers  • Russia's Vladivostok hosts Aquabike World Championship  • Phelps: 200m butterfly gold mission accomplished  • Vietnam's HCM City to build track cycling facility  • Russian net capital outflow slows in H1  • Mourinho hails Pogba's transfer to Man. Utd  • China spends big in housing renovation  • Outgoing Chinese Ambassador bids farewell with Cambodian parliament president  • Timetable set for Venezuela's presidential recall vote  
You are here: 　 Home

China extends anti-dumping duties on chemical from ROK, Thailand

Xinhua, August 10, 2016 Adjust font size:

China will continue anti-dumping duties on a commodity chemical imported from the Republic of Korea (ROK) and Thailand.

The tariffs on pure terephthalic acid will become effective for another five years on Thursday, with rates ranging from 2 percent to 20.1 percent, the Ministry of Commerce (MOC) said Wednesday in a notice posted on its website. The chemical is used to make clothing and plastic bottles

Products from companies including ROK's Hyosung Corporation and Thailand's Indorama Petrochem Ltd. will continue to be subject to the tariffs.

The ruling was made after official surveys showed that damage to the domestic industry would reoccur if the tariffs were terminated, the notice said.

The ministry started imposing anti-dumping duties on the industrial organic compound in 2010. Endi