US Markets

China to levy anti-dumping duties on U.S. propanol from July 18 - commerce ministry

China will impose anti-dumping duties on imported propanol, used as a printing ink solvent for food packaging and to make antibiotics, from the United States starting July 18, the commerce ministry said on Friday.

BEIJING, July 17 (Reuters) - China will impose anti-dumping duties on imported propanol, used as a printing ink solvent for food packaging and to make antibiotics, from the United States starting July 18, the commerce ministry said on Friday.

The tariff rate of anti-dumping duties, levied on The Dow Chemical Company will be at 254.4%, while on OXEA Corporation and all other U.S. company will be at 267.4%, according to a statement published by the Ministry of Commerce.

(Reporting by Muyu Xu and Tom Daly; Editing by Alison Williams)

((muyu.xu@thomsonreuters.com; +86 10 56692117;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest Markets Videos

    Reuters

    Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

    Learn More