BEIJING — The Ministry of Commerce (MOC) has decided to adjust anti-dumping duties onchloroprene rubber imported from Japan to 20.8 percent starting from Friday.
The change was made according to the ministry’s anti-dumping review on imports fromJapanese company Denki Kagaku Kogyo Kabushiki Kaisha at the request of Chinesecompanies that claimed the original anti-dumping tax was too low.
The review found that the Japanese company had dumped its exports in China at a margin of20.8 percent.
Chloroprene rubber, commonly known as Neoprene, is mostly used to manufacture electricalcables and waterproof products.
In May 2005, the ministry imposed anti-dumping duties ranging from 2 to 151 percent onimported chloroprene rubber from Japan, the United States and the European Union with aterm of 5 years.
In 2011, the ministry extended the anti-dumping duties for another five years.
Source: Xinhua
