Home » News

China to impose anti-dumping duty on imports of food additives

7 January 2010 3,399 views No Comment

Jan. 5, 2010. As of today, China will levy a temporary anti-dumping tax on food additives imported from Thailand and Indonesia, said the Ministry of Commerce in a statement published on its website yesterday.

The MOC claims that firms in the two countries dumped their food additives in China, which led to substantial damage to the domestic food additive industry.

China has imposed a 16.9% deposit rate for products from PT Cheil Jedang Indonesia, an 8.1% rate for products from Indonesia-based PT Kirin Miwon Foods and a 6.5% rate for products from Ajinomoto Co (Thailand) Ltd.

China has also imposed a temporary 29.7% deposit rate on imported food additives from all other companies from the two nations.

According to the preliminary ruling, importers of disodium 5′-inosinate, disodium 5′-guanylate and disodium 5′-ribonucleotide must pay deposits beginning today, said the ministry.

The ministry did not say when it would give a final ruling. If the MOC fails to adequately support its case, the deposits will be returned.

source from:www.chinaknowledge.com

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.