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ECONOMY
THIS WEEK> THIS WEEK NO. 23, 2013> ECONOMY
UPDATED: June 3, 2013 NO. 23 JUNE 6, 2013
Anti-Dumping Issue
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China's Ministry of Commerce (MOFCOM) announced on May 27 that it will levy provisional anti-dumping duties on pyridine imported from India and Japan.

After a preliminary investigation that began in September last year, the MOFCOM determined that Indian producers had sold pyridine in China at dumping margins ranging from 24.6 percent to 57.4 percent, and Japanese producers sold the product at a 47.9-percent dumping margin.

Starting from May 28, Chinese entities importing pyridine from the two countries will be required to pay deposits with Chinese customs calculated according to the dumping margins, said the MOFCOM.

Pyridine is an organic compound used as an important raw material and solvent in the production of pesticides, drugs, animal feed, food additives and other chemicals.



 
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