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Anti-dumping move against EU's TDI
Source: Xinhua |
November 14, 2012, Wednesday
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Print Edition
Print Edition
THE European Union has been dumping toluene diisocyanate (TDI) into the Chinese market, the Ministry of Commerce said yesterday.
An eight-month investigation found that TDI imported from the EU was selling at as much as 37.7 percent below normal prices and that such dumping was hurting domestic producers, the ministry said in a preliminary ruling.
Importers of such products are required to pay anti-dumping deposits to China's customs authorities. The deposits take effect from yesterday.
In March, the ministry launched an anti-dumping probe into EU-exported TDI, a main raw material of polyurethane products. TDI is used in the industries of rubber surface coating, textile processing, petroleum, mining, automobiles and railway transport.
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