China imposes anti-dumping deposits on nonyl phenol

10 July 2006 09:51  [Source: ICIS news]

SINGAPORE (ICIS news)--Taiwanese and Indian exporters of nonyl phenol into China must pay deposits of 9.07-20.38% as part of an ongoing anti-dumping investigation, China’s Ministry of Commerce (MoC) said on Monday.

India’s Schenectady Herdillia is to pay a 17.96% deposit while Taiwan’s Formosan Union Chemical and China Man-made Fibre are to pay deposits of 9.78% and 9.07% respectively.

A 20.38% deposit is required for all other imports from these two countries, said the ministry.

The investigations started on 29 December and a final decision is expected 12-18 months from then.

By: Florence Tan
+65 6780 4359

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