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

7 January 2010 4,010 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

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