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China imposes anti-dumping duties on acrylic fibres
25
Jul '16
China's ministry of commerce (MOFCOM) has announced imposition of anti-dumping duties on acrylic fibres originating in Japan, South Korea and Turkey with effect from July 14, 2016.

The anti-dumping duties would be levied on tariff numbers 55013000, 55033000 and 55063000.  The rates to be levied on Japanese producers are: Japan Exlan Co – 16.1 per cent, Mitsubishi Rayon Co – 15.8 per cent, Toray Industries – 16.0 per cent, and other Japanese producers – 16.1 per cent.

For acrylic fibre from Korean producer Taekwang Industrial Co, the duty would be 4.1 per cent, while it would be 16.1 per cent for other Korean producers.

For Turkish producer Aksa Akrilik Kimya Sanayii A.S., anti-dumping duty on acrylic fibre would be 8.2 per cent, whereas it would be 16.1 per cent for other Turkish producers.

In response to an application filed by the Chinese acrylic fibres industry, MOFCOM had initiated anti-dumping investigation on imported acrylic fibres originating in Japan, South Korea and Turkey on July 14, 2015. Subsequently, on July 13 this year, MOFCOM published its final ruling which said that dumping existed in imported acrylic fibres originating in Japan, South Korea and Turkey, and it substantively damaged the domestic industry. (RKS)

Fibre2Fashion News Desk – China

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