China to end anti-dumping duties on chloroform from S. Korea, U.S., EU

29/11/2014 12:00 - 517 Views

BEIJING, Nov. 29 (Yonhap) -- China's commerce ministry has said it will stop imposing anti-dumping duties on chloroform imported from South Korea, the United States, the European Union and India when the measures expire on Sunday.

In 2004, China started levying five-year, anti-dumping duties on chloroform, widely used in the production of medicines, dyes and pesticides, from the countries. After a one-year probe in 2010, China decided to keep the anti-dumping measures until Nov. 30 2014.

The duties will be terminated on Sunday because the Chinese ministry has not received any applications from China's domestic industry to pursue an investigation into dumping of the chemical product, the ministry said in a statement posted late Friday.

China is the world's biggest market for chloroform with an anti-dumping tax rate of 96 percent.

Source: Yonhap News