January 5, 2010

China imposes anti-dumping tax on imported food additives

A temporary anti-dumping tax on food additives imported from Thailand and Indonesia will take effect in China from January 5 this year.

Firms in the two countries dumped their food additives in China, which led to substantial damage to the domestic food additive industry, according to China's Ministry of Commerce (MOC).

China has imposed a 16.9% deposit rate for products from PT Cheil Jedang Indonesia, an 8.1% rate for products from Indonesia-based PT Kirin Miwon Foods and a 6.5% rate for products from Ajinomoto Co (Thailand) Ltd.

China has also imposed a temporary 29.7% deposit rate on imported food additives from all other companies from the two nations.

Based on the preliminary ruling, importers of disodium 5'-inosinate, disodium 5'-guanylate and disodium 5'-ribonucleotide must pay deposits as of January 5.

Meanwhile, the ministry did not say when it would give a final ruling. However, if the ministry fails to adequately support its case, the deposits will be returned.