China Imposes Anti-Dumping Duties on U.S. Propionic Acid

China's Ministry of Commerce has announced that it will implement anti-dumping duties on propionic acid products originating from the United States. These duties, set at 43.5% for all U.S. companies, will be in effect for five years starting from July 21.

China's Ministry of Commerce announced on Friday that it will impose anti-dumping duties on propionic acid products originating from the United States. The new regulations will be effective from July 21 and will last for five years.

According to the ministry, these anti-dumping duties are set at a rate of 43.5% for all U.S. companies involved in the export of propionic acid.

The decision comes as part of China's broader strategy to protect its domestic market from unfairly priced imports.

(With inputs from agencies.)