16-Jul-16 China has imposed antidumping duties of 8.2-16.1% on acrylic fiber imports from Japan, South Korea and Turkey for five years, as per the Ministry of Commerce, as reported by Platts. The ministry calculated varying tariff rates for the imports from each country.
Acrylic fiber imported from most Japanese producers are taxed at 16.1%, with the exception of Japan's Exlan, Mitsubishi Rayon, and Toray Industries, which face tariff rates of 16.1%, 15.8%, and 16%, respectively. China imported 76,334 mt and 9,606 mt of acrylic fiber from Japan and South Korea, respectively, in 2015, according to export statistics.
The investigation had found that "China's domestic acrylic fiber industry was substantially damaged, and there was causal relationship between the dumping and the substantive damage."
The antidumping tariff will be imposed for five years from July 14, 2016. The tariff affect cargoes under HS (harmonized system) codes 5501 3000, 5503 3000, and 5506 3000.
A tariff of 15.8-16.1% will be imposed on acrylic fiber from Japan, 4.1-16.1% on acrylic fiber from South Korea and 8.2-16.1% from Turkey.
