24.6 C
New York
Thursday, August 11, 2022

China to launch anti-dumping review on imported chloroprene rubber

BEIJING, May 9 (Xinhua) — The Ministry of Commerce (MOC) said on Monday that it will start an anti-dumping review on chloroprene rubber imported from Japan, the United States and the European Union from May 10.

China to launch anti-dumping review on imported chloroprene rubberThe review, which will last till May 9, 2017, is aimed at investigating whether the dumping would continue to harm the country’s chloroprene rubber industry if anti-dumping duties end, according to a statement on the MOC’s website.

In May 2005, the ministry imposed anti-dumping duties ranging from 2 to 151 percent on imported chloroprene rubber from Japan, the United States and the European Union with a term of 5 years.

The anti-dumping duties were extended for another five years in 2011 and expired on May 9.

The anti-dumping measures will continue to be effective during the review, according to the statement.

Chloroprene rubber, commonly known as Neoprene, is mostly used to manufacture electrical cables and waterproof products.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

11,294FansLike
12,893FollowersFollow
748FollowersFollow
- Advertisement -

Latest Articles

Popular Articles