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January 5, 2010

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China levies tariffs on food additives

CHINA'S Ministry of Commerce announced yesterday that it is to impose temporary anti-dumping measures on food additives imported from Thailand and Indonesia.

The preliminary ruling required importers of disodium 5'-inosinate, disodium 5'-guanylate and disodium 5'-ribonucleotide to place deposits starting today, said a statement on the ministry's Website.

The statement said companies from the two countries had dumped the additives on the Chinese market and this had caused substantial damage to the domestic industry.

The statement also stipulated that importers of products from PT Cheil Jedang have to pay 16.9 percent and those who buy from PT Kirin Miwon Foods have to pay 8.1 percent. Those who buy from Ajinomoto Co (Thailand) Ltd pay 6.5 percent.

For all the other food additives firms from the two countries, a temporary 29.7 percent deposit rate would be imposed, the statement said, but it gave no details on when a final ruling would come.

The ministry had launched an anti-dumping investigation into imported additives from the two nations in March last year.


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