Chinese Commerce Ministry Launches Anti-dumping Investigations Into Chemical Imports

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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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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