China Renews Antidumping Duties on Phenol Imports From US, Others
China is renewing its antidumping duties on imports of phenol from the U.S., the EU, South Korea, Japan and Thailand, but it won't renew AD for phenol from the U.K., China’s Ministry of Commerce said Aug. 28, according to an…
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unofficial translation. The duties, which will apply for five years from Aug. 29, range from 244.3% to 287.2% for American companies, are at 30.4% for all EU companies, and range from 12.5% to 23.7% for South Korean companies, from 19.3% to 27% for Japanese companies, and from 10.6% to 28.6% for Thai companies. The ministry said no Chinese company requested that the AD be renewed for the U.K. China said phenol is an “important organic chemical raw material” used in synthetic fibers and for other industrial purposes.