U.S. to impose 154 pct anti-dumping duty on Chinese xanthan gum

07/01/2013 12:00 - 477 Views

The U.S. started an anti-dumping fight on the first working day of 2013. The U.S Department of Commerce announced on Jan. 4 that xanthan gum imported from China and Austria is dumping in the American market.

According to the initial judgment, the U.S will impose an anti-dumping duty of 17.18 percent on the imported Austrian xanthan gum, but a penalty duty ranging from 21.69 to 154.07 percent on imported Chinese xanthan gum.

The final judgment will be announced in mid-May this year.

Xanthan gum, usually a pale yellow powder, is a kind of biological synthetic rubber, widely used in food processing as well as medicine and industry sectors.

Imported Chinese xanthan gum has doubled from 2009 to 2011 on the American market, reaching a value of $64 million in 2011, reported the U.S Department of Commerce.

The U.S is the world’s largest xanthan gum producer, accounting for 22 percent of the world’s total capacity, while China only takes about 5 percent, according to data from U.S Department of Commerce.

The U.S. has conducted a number of anti-dumping and anti-subsidiary investigations into Chinese imports, especially steel and renewable energy products. Among the imported products with imposed anti-dumping or anti-subsidiary duties, 41 percent of them are from China as of Nov. 17 2012, reported news.ifeng.com.

The Chinese Ministry of Commerce also expressed many times the hope of more reasonable solutions for trade conflicts.

January 5, 11:23 AM

By Kang Xiaoxiao

Source: morningwhistle.com