September 24, 2016

China slaps anti-dumping duties on US DDGs

China has started imposing anti-dumping duties on distiller's dried grains (DDGs) from the US by requiring importers to pay a cash deposit on purchase.

A report carried by the Chinese state-owned Xinhua News Agency said that starting Friday, September 23, importers of the product must place deposits with Chinese customs at 33.8% of the import value.

The domestic industry has been "substantially" harmed by the dumping of DDGs, China's Ministry of Commerce said in its preliminary ruling following an investigation launched earlier this year.

DDGs are the nutrient-rich byproduct of dry-milled ethanol production, and are used in animal feed. China is the world's biggest buyer of DDGs, with most imports coming from the US.