Chinese Commerce Ministry Launches Anti-dumping Investigations Into Chemical Imports - Forex News by FX Leaders
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Chinese Commerce Ministry Launches Anti-dumping Investigations Into Chemical Imports

Posted Monday, July 29, 2019 by
Arslan Butt • 1 min read

The Chinese Commerce Ministry has announced its intention to launch an anti-subsidy investigation into some chemical imports from the US. A few days ago, we wrote about China’s anti-dumping probe into propanol imports from the US, and now ethylcarbinol has also been added to the list.

These chemicals are used by food packaging and pharmaceutical industries and have benefited from extensive subsides by the government. The probe launched today and could last about a year.

In addition, the Commerce Ministry has also launched a similar anti-dumping probe into imports of another chemical, meta-Cresol, from the US as well as from the EU and Japan. This investigation was announced in response to applications filed by domestic manufacturers and could go on for about 18 months.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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