Chinese chemical products encounter anti-dumping storm

We have been ruled as dumping. Nobody can help us change this result. A manager at Shanghai Fuxin Chemical Co., Ltd. reluctantly said. On June 12, the US International Trade Commission voted to impose anti-dumping duties on saccharin imported from China. According to the US State Department’s Bureau of International Information, members of the committee formally affirmed the decision with 4 votes to 0 votes: Saccharin imported from China damaged or threatened US industry. The Commission will oblige the U.S. General Administration of Customs to levy anti-dumping duties on dumping margins for any imported product. Silence has become a lamb This May, the U.S. Department of Commerce officially made a verdict and calculated the dumping margins of Chinese export companies: Suzhou Fine Chemicals Group Co., Ltd., 291.57%; Shanghai Fuxin Chemical Co., Ltd., 249.39 %; Kaifeng Xinghua Fine Chemical Factory, 281.97%; and China-wide, 329.33%. Each year, China wants to export 1,000 tons of saccharin to the United States. This decision of the United States undoubtedly caused Chinese enterprises to suffer huge losses. Now we have not exported saccharin to the United States. Miss Xing Xing, head of import and export sales of Shanghai Fuxin Chemical Co., Ltd. said. In 2003, Shanghai Fuxin Chemical Co., Ltd. had already received a notice of investigation from the US Department of Commerce, based on the doubt that the production cost of saccharin exported from Fuxin Chemical was higher than the selling price. We actively cooperated and provided a series of materials including financial statements to assist in the investigation. Ms. Xing recalls, but no matter how hard we work in the process, the result is still theirs. This kind of judgment really disappointed us. It is understood that the price of saccharin at Fuxin Chemical and other Chinese saccharin export companies was about two dollars per kilogram. This is the same as most of China's exports. Such a low price has an absolute competitive advantage. Similarly, such prices have reason to attract the attention of the U.S. Department of Commerce. Our costs are definitely lower than the sales price. Miss Xing said. As we all know, China's labor and raw material prices are low, so the export commodities can beat similar products with price advantage. However, the U.S. Department of Commerce has adopted a reference price for the production costs of saccharin in the world. As a result, the result is obvious. Two kilograms per kilogram are enough to pay the workers' wages. Faced with this unfair ruling, Fuxin chose silence. The amount of money needed to reappeal is too expensive, and we don't have enough evidence to prove that our costs are really low. From Ms. Xing’s words, I can feel what I can't say. Anti-dumping is not just a foreign right. In fact, the dumping of saccharin exports was only one of the many dumping cases in chemical products this year. Since 2003, Chinese chemical products have become the protagonist of anti-dumping abroad. According to China's commitment to join the WTO, by 2005, most Chinese companies will have the right to operate foreign trade, and Chinese companies' usual price war strategy will surely bring foreign anti-dumping restrictions. Therefore, foreign anti-dumping cases against China will reach a peak next year. In a series of anti-dumping cases against China, most companies chose to accept the verdict and silence in the same way as Shanghai Fuxin Chemical. After the anti-dumping ruling on the export of a certain country, they will focus on other countries. There are also some companies that have chosen to respond to suits or have filed complaints against dumping of imported products. On June 16th, Hunan Haili Zhuzhou Fine Chemical Co., Ltd. submitted an anti-dumping investigation application to the Ministry of Commerce on behalf of the mainland furanol industry, requesting anti-dumping investigations on imported furanol originating in Japan, the European Union, and the United States. On August 12, the Ministry of Commerce officially issued an announcement on the anti-dumping investigation of imported furanol. The reporter learned from Liu Lingbo, deputy general manager of Hunan Haili Zhuzhou Fine Chemicals Co., Ltd., that the price of imported furanol has been declining since the company's furanol was put into production. The price of imported furanol before production was 103,000 yuan per ton. After Haili Zhuzhou put into production of furanol, the price of imported furanol dropped to more than 90,000 yuan per ton. At the time, Haili Zhuzhou had the idea of ​​filing an anti-dumping complaint with imported furanol. By the end of last year, Haili Zhuzhou officially filed a complaint. At that time, the price of imported furanol had dropped to 73,000 yuan per ton. When they cut prices, we can only follow the price cuts. We don't have any profit to say so. Liu Lingbo said confidently that this lawsuit we have won is very promising and is fully hopeful to win. The final ruling will be to increase tariffs on imported furanol. After having the right to operate foreign trade, many chemical companies will focus on how to respond to foreign anti-dumping complaints, but at the same time they often ignore the same rights they have to complain to foreign countries. In the sawing of dumping and anti-dumping, only the two sides can play on the equal footing to achieve balance. The Ministry of Commerce encourages our practice. They think that our company should learn from abroad and should have a sense of protection. Liu Lingbo said. Some anti-dumping cases linked to chemical products in 2004 On January 5th, 2004, the US International Trade Commission initially ruled that there was a dumping of organic pigments exported from China. On January 16, 2004, the Indian Bureau of Investigation released the final verdict of potassium carbonate anti-dumping case: According to the above criteria and India’s commitment to the WTO, the appointing authority believes that China meets the market economic conditions according to Indian law and therefore accepts the cooperation from Chinese companies. Cost of production. In February 2004, the U.S. Department of Commerce issued a preliminary ruling on the anti-dumping investigation of China's polyethylene retail shopping bags and proposed anti-dumping duties on plastic bag products from China. In April 2004, the Indian Tyre Industry Production Association filed an anti-dumping lawsuit against the Indian government for tires originating in China. On June 12, 2004, the US International Trade Commission voted to impose anti-dumping duties on saccharin imported from China.

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