Trade Cases against China's Chemicals
Year:2009 ISSUE:19
COLUMN:M & A, BUSINESS & TRADE
Click:202    DateTime:Jul.06,2009
Trade Cases against China's Chemicals        

The U.S. International Trade Commission (USITC) June 18th announced its determination in its safeguard investigation involving certain passenger vehicle and light truck tires from China, finding that certain passenger vehicle and light truck tires from China were imported into the United States in such increased quantities or under such conditions as to cause market disruption.
    China's tire analysts said the determination, once approved by the USA President and the U.S. Trade Representative by July 9th, 2009, would cause to cut China's tires export volume to USA by approximately 50%, and reduce some 20 000 workforces.
    USITC released on May 8th that U.S. citrates industry has been materially injured or threatened with material injury by imports of citric acid and citrates from China and Canada. The U.S. Department of Commerce has determined to impose an antidumping duty and anti-subsidy duty on imports of citric acid and citrates from China and Canada since May 6th, 2009. For China's citric acid and citrates players, the antidumping duty ratio is 129.08% for TTCA Co., Ltd., 94.61% for Yixing Union Biochemical Co., Ltd., 111.85% for applied companies and 156.87% for additional firms; and the anti-subsidy duty ratio ranges 3.6% to 118.95%.
    Anhui BBCA Biochemical Co., Ltd., the leading citric acid and citrates producer in China, announced June 10th to be levied a 111.85% antidumping duty and 118.95% anti-subsidy duty on its exports of citric acid and citrates into USA. The company has to cut exports of citric acid and citrates into USA and make an effort to expand sales to Asia Pacific, South America and EU markets.
   The U.S. Department of Commerce released April 8th, 2009 a review preliminary determination on glycine from China's Baoding Mantong Fine Chemistry Co., Ltd., finding that a 49.12% of antidumping tariff is imposed for the company and 155.89% for Chinese other firms. (CCR2008 No. 31)

India announced June 16th to institute a dumping investigation on barium carbonate from China.
   India announced May 20th, 2009 an antidumping sunset review ruling on potassium carbonate originated from China, the EU, Korea and Taiwan province. India finds that China's producers and exporters of potassium carbonate will be imposed with a duty of US$90.03 per ton. For China's Taiwan province, the duty is set at US$123.58 per ton. (CCR2008 No. 17)
   India posted on May 21st, 2009 an antidumping sunset review ruling on vitamin C from China, deciding to impose US$3.99 antidumping tariff per kilogram of vitamin C. India instituted an investigation on vitamin C from China early in May 1997.
   India released May 25th, 2009 a preliminary determination on carbon black originated from China, Australia, Iran, Malaysia, Russia and Thailand. The temporary antidumping tariff ratio is set at US$0.133 per kilogram of carbon black for China's Ningbo Detai Chemical Co., Ltd., US$0.078 per kilogram for Hebei Daguangming Juwuba Carbon Black Co., Ltd., US$0.159 per kilogram for Hebei Longxing Chemical Stock Co., Ltd., US$0.094 per kilogram for Ningbo Sheen-All Chemical Co., Ltd., US$0.109 per kilogram for Jiangxi Black Cat Carbon Black Co., Ltd. and US$0.190 per kilogram for other companies. (CCR2009 No. 2)
    India announced May 25th, 2009 a preliminary determination on diethyl chlorothiophosphate originated from China, finding to take an antidumping measure. The temporary antidumping tariff is set at US$0.925 per kilogram of diethyl chlorothiophosphate for Yangxin Chentian Chemical Industry Co., Ltd., US$0.734 per kilogram for Lianyungang Liben Agro-chemical Co., Ltd., US$0.478 per kilogram for Xingtai Pesticide Co., Ltd., US$0.770 per kilogram for Zhejiang Xinnong Chemical Co., Ltd. and US$1.362 per kilogram for others.

The European Commission announced May 14th, 2009 to suspend glyphosate anti-dumping duties on imports of Chinese glyphosate.  
    The European Commission instituted investigation on Chinese glyphosate in 1995. Zhejiang Xinan Chemical Group Co., Ltd., which is a leading glyphosate maker in China, was levied with a 24% antidumping duty starting 1998, and the rate was raised to 48% in 2000, then cut to 29.9% from September 2004.

Brazil announces a final determination, finding that the country imposes antidumping duties on passenger and truck radial tires from China for five years effective June 18th, 2009, with an antidumping duty ranging US$1.12 per kilogram to US$2.59 per kilogram by different firms. Brazil instituted a dumping investigation involving radial tires from China on May 16th, 2008. (CCR2008 NO. 16, 2009 No. 2)
   Brazil announces a final ruling on viscose fibers from Australia, Indonesia, Thailand, China and Taiwan province. Chinese viscose fiber players are imposed with antidumping duties of US$0.34 per kilogram for five years starting April 9th, 2009.

Pakistan released June 5th a final ruling on polyester staple from China, finding that Chinese polyester staple player when selling polyester staple to Pakistan will be levied with 10.44% duties except for Jiangyin Huahong Chemical Fiber Co., Ltd. and Zhangjiagang Chengxing Chemical Fiber Co., Ltd.
   Pakistan posted May 29th to institute a dumping investigation on phthalic anhydride from China, Brazil, Indonesia, Korea and Taiwan province.