China announces anti-dumping measures on polyformaldehyde copolymer imports from U.S., EU, Taiwan region, and Japan

China's Ministry of Commerce (MOFCOM) announced on Thursday the decision to implement provisional anti-dumping measures on imports of Polyformaldehyde Copolymer originating from the U.S., EU, China's Taiwan region, and Japan.

The decision was made following its preliminary ruling, which confirmed the need for temporary anti-dumping measures. According to the ruling, the anti-dumping margins are set at 74.9 percent for U.S. companies, 42.0 percent for EU companies, 3.8-32.6 percent for companies in the Taiwan region, and 33.9-43.7 percent for Japanese companies, according to a MOFCOM spokesperson.

The spokesperson noted that the decision stemmed from an application from the domestic Polyformaldehyde Copolymer industry. On May 19, 2024, MOFCOM launched an anti-dumping investigation into imports from these regions.

The investigation was carried out in accordance with principles of fairness, transparency, and adherence to Chinese mainland regulations and World Trade Organization (WTO) rules, the MOFCOM spokesperson said.

The preliminary evidence indicates that imports from these regions were dumped, resulting in significant harm to the domestic industry, and establishes a direct link between the dumping and the resulting damage, said the spokesperson.