The story appears on

Page A8

September 29, 2016

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Business » Finance

Anti-subsidy duties levied on US grain

CHINA’S Ministry of Commerce said yesterday that it will impose anti-subsidy duties on distiller’s dried grain (DDG) from the United States by requiring importers to pay a cash deposit on purchases.

As of Friday, importers of the product must place deposits with Chinese customs ranging from 10 percent to 10.7 percent, according to the ministry.

The move comes after the ministry imposed anti-dumping duties on DDG from the United States last week. Starting last Friday, importers of DDG were required to set aside deposits at 33.8 percent of the import value.

The domestic industry has been “substantially” harmed by the dumping and subsidies of DDG, the ministry said in a preliminary ruling following an investigation launched earlier this year.

DDG is the nutrient rich by-product of dry-milled ethanol production, which is used in animal feed. China is the world’s biggest buyer of DDG, with most imports coming from the United States.


Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend