Home / Knowledge / News / Textiles / Review of antidumping duty on Chinese titanium dioxide
Review of antidumping duty on Chinese titanium dioxide
23
Oct '10
Seoul's trade regulator on October 19 stated that, South Korea is soon to launch an review of the anti-dumping duty imposed on imported Chinese pigments, which have been alleged to be affecting the domestic markets.

The Korea Trade Commission said that, it has been considering Cosmo Chemical Company's appeal to bring Chinese titanium dioxide and its products within the coverage of anti-dumping duties. Last year, the material amounting to 90 billion won (US$79.3 million) was sold in local markets.

Cosmo, which holds monopoly in producing the material, averred that in spite of punitive duties, low priced imports from China has continued to negatively impact its operations, and if these duties are withdrawn after March 2011, it may give rise to many adversities.

Titanium dioxide anatase is a pigment which is used in printing textiles.

As stated by a commission constituted under the Ministry of Knowledge Economy, after a thorough inspection it has been resolved that a complete review is required to find out if the Chinese firms are still persisting with those unfair practices.

South Korea for the first time imposed anti-dumping duties on Chinese produced titanium dioxide in 2005 when the antidumping duty varied between 4.82-23.08 percent based on the producer and subsequently raised it to 4.86-23.08 percent in 2008.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Silke Brand-Kirsch
Schlegel und Partner

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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:
June 2017

June 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