China's Ministry of Commerce, Beijing, China, May 23, 2020. /CFP
China's Ministry of Commerce, Beijing, China, May 23, 2020. /CFP
China will initiate anti-dumping measures against imported meta-Cresol, the Ministry of Commerce said Thursday.
China's domestic industry has suffered substantial damage due to the dumping of such products by the United States, the EU, the UK and Japan, the ministry said in a final ruling based on an anti-dumping investigation launched in July 2019.
Starting from Friday, duties will be collected at rates ranging from 27.9 percent to 131.7 percent for a five-year period, according to the ministry.
Meta-Cresol is widely used as an intermediate to make products like synthetic vitamin E, pesticides, disinfectants, preservatives and other chemicals.
(With input from Xinhua)