China says to impose anti-dumping tax on nitrile rubber from Japan, S. Korea

BEIJING, Nov 8 (Reuters) –

* China’s Ministry of Commerce on Thursday said it would impose anti-dumping tax on nitrile rubber products imported from Japan and South Korea.

* Ministry says the anti-dumping tax rates vary from as low as 12 percent to as high as 56.4 percent and will take effect on Friday.

* Nitrile rubber is used in automotive and aeronautical industries to make hoses and seals. (Reporting by Tom Daly; editing by Darren Schuettler)

Related Post

Global LNG: Asian spot LNG gains amid colder weather, stronger Europe gas prices

November 22, 2024

Copper, aluminium under pressure from weak euro zone PMI

November 22, 2024

South Korean shares post best week for three months on shareholder return pledges

November 22, 2024

Australian shares rise on mining boost; NZ hits 1-month high

November 22, 2024