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Wan LixinOpinion deputy editor of Shanghai Daily
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Duties go on until 2022
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CHINA will extend anti-dumping duties on chloroprene rubber imported from Japan, the United States and the European Union for another five years starting today.
The latest decision followed a review launched a year ago that found the domestic industry could be harmed if anti-dumping duties were discontinued, the Ministry of Commerce said yesterday.
The ministry said anti-dumping duty rates for Japanese imports range from 10.2 percent to 43.9 percent, while those for US producers are 151 percent and EU companies are subject to rates ranging from 11 percent to 151 percent.
China has imposed anti-dumping duties on chloroprene rubber imported from these countries since 2005 on the grounds the products were being dumped on the Chinese market at below market prices. The duties had been extended for another five years in 2011.
Chloroprene rubber is mostly used to make electrical cables and waterproof products.
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