China Initiates a Final Ruling of Anti-Dumping Investigation into Methanol from Indonesia, Malaysia and New Zealand

[2010-12-24 14:20:06]


China's Ministry of Commerce (MOC) said on Dec. 23 in a final ruling that Indonesia, Malaysia and New Zealand dumped methanol in the Chinese market, causing material damage to Chinese manufacturers.

Five-year anti-dumping measures against methanol imports from the three countries will begin from Dec. 23, 2010, the MOC said in a statement on its website.

But, "due to some special circumstances and with the approval of the tariff commission of the State Council, the measures will not take effect until further notice," the statement said without giving details.

After a preliminary investigation, on Oct. 28, 2010, the MOC imposed provisional anti-dumping duties of between 9.3 percent and 37.5 percent on methanol imports from Indonesia, Malaysia and New Zealand.

Methanol, also known as methyl alcohol, is used to produce chemical products such as plastic, paint and construction materials.

Source: Xinhua
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