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China imposes anti-dumping duty on polyformaldehyde copolymer imports

19 May '25
1 min read
China imposes anti-dumping duty on polyformaldehyde copolymer imports
Pic: Shutterstock

Insights

  • China has imposed anti-dumping duties of 3.8 per cent to 74.9 per cent on polyformaldehyde copolymer imports from the US, EU, Japan, and Taiwan, effective May 19, for five years.
  • The move aims to protect domestic producers from below-cost imports that harmed the local industry.
  • The plastic is widely used in sectors like automotive, electronics, and medical.
China has imposed anti-dumping duties on imports of polyformaldehyde copolymer from the US, EU, Japan, and Taiwan in an attempt to protect its domestic manufacturing sector. The new charges take effect today and will remain in place for five years.

Chinese imports from these areas were being dumped at below-normal prices, causing material harm to China's domestic industry, according to the findings of a thorough investigation based on a Ministry of Commerce statement. As a result, depending on the origin and supplier, the ministry levied duty rates ranging from 3.8 per cent to 74.9 per cent.

One of the most essential engineering plastics, polyformaldehyde copolymer, is utilised extensively in the automotive, electronics, machinery, sporting goods, and medical industries. It is frequently chosen owing to its strength and durability, which allow it to take the place of traditional metals like copper, tin, zinc, and lead.

In furtherance of giving local manufacturers a level playing field, this trade action is likely to serve as a warning to China to protect its strategic industries from unfair competition in the international market.

Fibre2Fashion News Desk (VK)

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