China to review anti-subsidy duties on EU potato starch

MRCM News / 2016-09-16 / Hits(4074)

China will review anti-subsidy duties levied on potato starch imported from the EU as they are due to expire, the Ministry of Commerce announced on Wednesday.

The review was requested by China Starch Industry Association over concerns that should the duties be scrapped domestic producers would suffer.

During the investigation, which will start on Friday and will probably last a year, the current duties will continue to be levied.

Potato starch imports from the EU are subject to anti-subsidy duties ranging from 7.5 to 12.4 percent, according to an MOC ruling on Sept. 17, 2011.

The imports were also subject to anti-dumping duties ranging from 12.6 percent to 56.7 percent.

Potato starch is widely used in the food industry to make industrial materials, such as emulsifiers, as well as food products such as instant noodles.

Source:Xinhua

TAIZHOU MEIRI MACHINE TOOL CO., LTD. is a manufacturer that specialized in developing and producing small special-purpose tool grinders, precision machinery tools. Main products include: drill bit re-sharpener, end mill re-sharpener, screw tap re-sharpener, lathe tool grinder, saw blade sharpener, universal cutter grinder, universal tool grinder, chamfer, air tapping machine, gear chamfering machine, universal head, rotary table, etc.