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China looks at South Korea, Thailand acid imports
17/02/2009 12:00
BEIJING, Feb 12 (Reuters) - China has launched an investigation into alleged dumping of terephthalic acid imported from Thailand and South Korea, the ministry of commerce said on Thursday.
The investigation includes purified terephthalic acid (PTA), used primarily in production of polyester.
The investigation over whether the imports harm Chinese producers will continue through Feb. 12, 2010, and can be extended until Aug. 12, 2010, the ministry said.
It is not unusual for China and other countries to conduct anti-dumping investigations, but in the economic downturn many countries are sensitive to any signs of trade protectionism.
The investigation includes purified terephthalic acid (PTA), used primarily in production of polyester.
The investigation over whether the imports harm Chinese producers will continue through Feb. 12, 2010, and can be extended until Aug. 12, 2010, the ministry said.
It is not unusual for China and other countries to conduct anti-dumping investigations, but in the economic downturn many countries are sensitive to any signs of trade protectionism.
(Reporting by Lucy Hornby)
Thu Feb 12, 2009 10:50am GMT
Source: uk.reuters.com
Thu Feb 12, 2009 10:50am GMT
Source: uk.reuters.com
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