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China cancels anti-dumping duty on Indian phthalic anhydride

Phthalic anhydride is an important industrial chemical mainly used in the mass production of plasticiser for plastics

ImageBS B2B Bureau B2B Connect | New Delhi
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From August 30, 2014, Indian exporters of phthalic anhydride, an important industrial chemical mainly used in the mass production of plasticiser for plastics, to China do not have to pay anti-dumping duty. China has said that it will stop imposing anti-dumping duties on phthalic anhydride imported from India, South Korea and Japan from August 30, 2014.
 
The Chinese Commerce Ministry said it has received no expiry review request from Chinese industries to extend the anti-dumping duties that will expire on August 30 and it will not start an expiry review itself, state-run Xinhua news agency reported.
 
In 2009, the ministry had extended the anti-dumping duties on phthalic anhydride imports from these three countries, extending it for another five years after a review investigation, saying such imports would cause damage to Chinese industries.

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First Published: Aug 23 2014 | 5:03 PM IST

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