By: ICN Bureau
Last updated : March 06, 2018 8:18 pm
Preliminary investigation on imports of Methyl Isobutyl Ketone points to causal relationship between dumping and substantive damage to domestic industry. Provisional anti-dumping measures in the form of cash deposits
Announcing the preliminary ruling on the anti-dumping investigation against the imports of methyl isobutyl ketone originating in the Republic of Korea (RoK), Japan and South Africa, Ministry of Commerce, People’s Republic of China, (MOFCOM) has preliminarily ruled that there was dumping of methyl isobutyl ketone originating from the three countries that has substantially damaged the domestic methyl isobutyl ketone industry.
MOFCOM has decided to launch provisional anti-dumping measures in the form of cash deposits. According to the ruling, the import operators shall pay relevant cash deposits to the Customs of the People’s Republic of China according to the dumping margins (15.9%-190.4%) determined by this ruling for each company when importing methyl isobutyl ketone originating in the Republic of Korea, Japan and South Africa since November 20, 2017.