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China adjusts anti-dumping duties for Japan rubber


Post Date: 29 Jul 2013    Viewed: 373

The Ministry of Commerce (MOC) has decided to adjust anti-dumping duties on chloroprene rubber imported from Japan to 20.8 percent starting from Friday.


The change was made according to the ministry's anti-dumping review on imports from Japanese company Denki Kagaku Kogyo Kabushiki Kaisha at the request of Chinese companies that claimed the original anti-dumping tax was too low.


The review found that the Japanese company had dumped its exports in China at a margin of 20.8 percent. Chloroprene rubber, commonly known as Neoprene, is mostly used to manufacture electrical cables and waterproof products.


In May 2005, the ministry imposed anti-dumping duties ranging from 2 to 151 percent on imported chloroprene rubber from Japan, the United States and the European Union with a term of 5 years. In 2011, the ministry extended the anti-dumping duties for another five years.


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