China's Ministry of Commerce said on Tuesday that it has decided to impose anti-dumping duties on ortho dichlorobenzene (ODCB) imported from India and Japan from Wednesday.
The domestic industry had been subjected to substantial damages due to the dumping of these products, the ministry said in a final ruling after an anti-dumping investigation into the imports, according to Xinhua news agency.
The ministry said on its website that from Wednesday, duties will be collected at rates ranging from 31.9 per cent to 70.4 per cent for a five-year period.
After receiving complaints from the domestic industry, the ministry launched the anti-dumping investigation in January 2018 and a preliminary ruling was unveiled in October 2018, the report said.
ODCB can be used for producing chemical products that are widely used in making pesticides, medicine and dyes.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)