China Would Continue to Carry out Anti-Dumping and Anti-Subsidy Measures on DDGS Imports from the USA

By CnAgri 2019-07-01 15:44:26 Print Tel:861064402118-822 Email: chen.wang@boabc.com

Price: (English Version) (Chinese Version)

Keywords:

Brief Introduction:

Table of Contents:

On January 11th, 2017, China decided to carry out anti-dumping and anti-subsidy measures on DDGS imports originated in the USA, and the tax rates ranged at 42.2%-53.7% and 11.2%-12.0%. The period of implementation is 5 years. However, at the request of the US Grains Council, since April 15th, 2019, the Ministry of Commerce have conducted the review of anti-dumping and anti-subsidy investigations on DDGS imports from the USA, and the period of review investigations is one year. On June 19th, the Ministry of Commerce ruled to continue anti-dumping and anti-subsidy investigations on DDGS from the USA, and the period of implementation and the tax rate remained unchanged.     
 
Recently, China-U.S. trade frictions have kept worsening; besides, along with the releasing of fuel ethanol capacity, home-made DDGS capacity has kept increasing, and home-made DDGS still has certain price advantage at present.
 
Influenced by the policies, DDGS import costs surged largely. Since 2017, DDGS imports have decreased greatly. In the first four months of this year, DDGS imports only recorded at 18,600 MT, down 40% year on year. It was predicted that DDGS imports in 2019 would hit a historic low in the last ten years along with the continuing of anti-dumping and anti-anti-subsidy policies. 
Explore Realted News »
Explore Realted Reports »