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On 23 January 2018, the Ministry of Commerce of the People’s Republic of China (MOFCOM) made the 2018 No.6 Announcement, a move to project the anti-dumping investigation against the o-dichlorobenzene imported from Japan and India.
On 20 December 2017, the MOFCOM received an application made by Jiangsu Yangnong Chemical Group Co., Ltd. (Jiangsu Yangnong) officially on behalf of the domestic o-dichlorobenzene businesses. It asked for making anti-dumping investigation against the o-dichlorobenzene produced in and imported from Japan and India.
In accordance with the Anti-Dumping Regulations, the MOFCOM examined the applicant’s qualification, the target product related situation, the situation of similar products in China, the impact on the domestic business, etc.
The applicant said that the o-dichlorobenzene produced in Japan and India were exported to and sold in China at a price below its normal value. Specifically, the applicant gathered the evidence and information in a rational way. Then it ascertained the normal value of o-dichlorobenzene based on the export prices to other countries and regions except China (which were unveiled by Japan and India Customs), and confirmed the export price based on the price to China (which was unveiled by China Customs). Following this, the applicant adjusted all factors impacting the price comparability and believed that the dumping was relatively serious.
Meanwhile, the applicant stated that the imports of the product in greatly increasing quantities and at significantly decreasing price exerted heavy pressure on the domestic similar products, and led to the falls in the domestic operating rate, reductions in the market shares of domestic business, declines in sales price, slumps in before-tax profits and decreases in returns on investment. All these were material damage to the domestic business, and such damage was a direct result of the dumping of this product.
After the examination, the MOFCOM considered that the application contained all contents and evidences required for projecting an anti-dumping investigation. Hence, it decided to file the application and carry out investigation into the o-dichlorobenzene produced and imported from Japan and India from 23 January 2018.
NOTES TO EDITORS
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