China announces anti-dumping duties on plastics from US, EU, Japan and Taiwan

China's commerce ministry on Sunday levied anti-dumping duties of as high as 74.9 percent on imports of POM copolymers, a type of engineering plastic, from the European Union, the United States, Japan and Taiwan, according to an official announcement.

The highest anti-dumping rates of 74.9 percent were levied on imports from the United States, while European shipments will face 34.5 percent duties.

China also slapped 35.5 percent duties on Japanese imports, except in the case of Asahi Kasei Corp, which was given a company-specific rate of 24.5 percent.

General duties of 32.6 percent were placed on imports from Taiwan, but Formosa Plastics and Polyplastics Taiwan received lower rates of 4 percent and 3.8 percent, respectively.

(Reuters)