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China’s Final Ruling Slaps 5-Year Penalties on Indian Chloro-4-Nitroaniline

China’s Final Ruling Slaps 5-Year Penalties on Indian Chloro-4-Nitroaniline

Xu Wei

Date: Mon, 02/12/2018 - 20:10 / source:Yicai
China’s Final Ruling Slaps 5-Year Penalties on Indian Chloro-4-Nitroaniline
China’s Final Ruling Slaps 5-Year Penalties on Indian Chloro-4-Nitroaniline

(Yicai Global) Feb. 12 -- China’s commerce ministry announced its final decision in its anti-dumping and anti-subsidy investigations of imported Indian Chloro-4-nitroaniline today, which is to impose anti-dumping and countervailing duties on these goods.

Since dumped and subsidized Indian Chloro-4-Nitroaniline has caused substantial injury to China’s domestic industry, the ministry decided to set anti-dumping tariffs of 31.4 percent to 49.9 percent, and countervailing duties of 21.2 percent to 166.8 percent on such Indian imports for five years, starting Feb. 13.

Chloro-4-Nitroaniline is used as intermediates in synthetic red disperse dyes, organic pigments and corrosion inhibitor intermediates, and to produce niclosamide, an effective drug for treating schistosomiasis, or as a pharmaceutical intermediate, public information shows.

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Keywords: INDIA, Ortho Chloro Para Nitro Aniline