Brazil hits South Africa, India, South Korea polypropylene with new import duties

22-Jan-14

Brazil has imposed anti-dumping duties on imports of polypropylene from South Africa, South Korea and India, in its latest bid to protect local monopoly producer Braskem, which is struggling to compete with imports from lower cost countries, as per bnamericas.com. Earlier in the year, the South American country’s chamber of foreign trade, Camex, had decided to impose anti-dumping duties on imports into Brazil of nylon from China, South Korea, Thailand and Taiwan.