Home / Knowledge / News / Textiles / China's CPL imports unaffected by anti-dumping duty
China's CPL imports unaffected by anti-dumping duty
23
Mar '12
The imposition of anti-dumping duty on imports of caprolactam (CPL) originating from the US and the EU has failed to substantially reduce Chinese CPL imports.

In January 2012, China imported 64,900 tons of CPL, which is an increase of 11,000 tons over CPL imported in January 2011. However, the imports declined by 4,300 tons on a month-on-month basis.

In April 2010, China's Ministry of Commerce initiated an anti-dumping investigation on imports of CPL from the US and the EU. Subsequently, the investigation confirmed the existence of dumping in January 2011 and said that China's CPL industry had suffered damage due to dumping.

Finally, China imposed 2.2 to 25.5 percent anti-dumping duties on the imports of CPL form the US and the EU for a period of five years beginning October 22, 2011.

However, the figures of China's CPL imports in January 2012 show that the levy of anti-dumping duty has not had any major affect, as the imports have risen on a year-on-year basis.

On the other hand, China's imports of CPL from Russia and Japan have steadily grown after lifting duty on imports from these countries. From June 2003 to June 2008, China levied 5 to 28 percent anti-dumping duties on import of CPL from Russia, Japan, Belgium, Germany and the Netherlands.

In 2009, China imported 116,000 tons and 36,000 tons of CPL from Russia and Japan, accounting for 19.21 percent and 10.36 percent of China's total imports, respectively.

In 2010, China's CPL imports from Russia and Japan grew to 129,000 tons and 95,000 tons, which accounted for 19.46 percent and 15.04 percent of total imports, respectively.

From January to October 2011, China's CPL imports from Russia and Japan constituted 21.33 percent and 16.67 percent of China's total imports, respectively.

There has been a rapid growth in China's nylon 6 fibre industry in recent years. China's domestic production of CPL has also grown sharply from 302,000 tons in 2007 to 488,000 tons in 2010. However, it still falls short of meeting the domestic requirement and the country has to import CPL in large quantity. Thus, there is a need to further boost production of CPL in China.

Fibre2fashion News Desk - China


Must ReadView All

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search