China's Ministry of Commerce has announced preliminary anti-dumping measures targeting halogenated butyl rubber imports from Canada and Japan, while terminating investigations into Indian products. The rulings come amid efforts to protect domestic industries from unfair trade practices.
Key Developments
Starting August 14, importers of Canadian and Japanese halogenated butyl rubber – a critical material for tire manufacturing and medical supplies – must pay security deposits of up to 40.5%. The ministry cited confirmed dumping violations affecting China's domestic producers.
Rapeseed Measures
Separately, provisional deposits of 75.8% will apply to Canadian rapeseed imports from Thursday. Officials stated these measures follow nine-month investigations launched in September 2024, emphasizing compliance with WTO rules and domestic laws.
Market Impact
Halogenated butyl rubber plays vital roles in automotive and pharmaceutical sectors, with China's move potentially reshaping regional supply chains. The terminated India probe reflects its minimal market share in the $150 million annual import sector.
Official Statement
A ministry spokesperson affirmed: "Our investigations followed principles of fairness and transparency. Preliminary evidence shows dumping caused material damage to domestic industries." Analysts suggest this signals China's strengthened trade enforcement amid global economic shifts.
Reference(s):
China announces anti-dumping rulings on butyl rubber from 3 countries
cgtn.com