China has decided to drop its antidumping investigation against imports of U.S.
distillers dried grains with solubles, DDGS, according to the Asian country's Ministry of Commerce.
The investigation was launched in December 2010 at the request of domestic
producers Cofco Biochemical (Anhui) Co., Jilin Fuel Alcohol Co., Meihekou Fukang
Alcohol Co. and Jilin New Tianlong Wine Industry Co.
The same four companies requested that the ministry end the probe on May 10. Demand for U.S. DDGS is strong, as it is cheaper than feed grains. In 2011, China's DDGS imports totaled 1.69 million tons, down 47 percent from 2010 numbers, as buyers worried Beijing might impose duties on imports.
The same four companies requested that the ministry end the probe on May 10. Demand for U.S. DDGS is strong, as it is cheaper than feed grains. In 2011, China's DDGS imports totaled 1.69 million tons, down 47 percent from 2010 numbers, as buyers worried Beijing might impose duties on imports.
No comments:
Post a Comment