Related News
Anti-subsidy duties levied on US grain
Print Edition
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.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
