According to the disclosure of the Ministry of Commerce, the European Union Council announced on June 26 that based on the proposal of the European Commission, it decided to terminate the mid-term review of Huadei and cancel the existing anti-dumping measures.
The European Commission has investigated and found that although there is no Chinese enterprise to cooperate with the investigation, the dumping margin calculated by Argentina as a surrogate country is 5.6%. However, in the area of ​​damage investigation, the investigation authority believes that anti-dumping measures have already affected the improvement of the EU’s industrial status. The EU’s industrial profits have exceeded the expected profits of the original investigation; in the absence of rising costs, prices in the EU market have increased significantly. Therefore, the EU industry has not been substantially damaged. Therefore, it suggests that the existing investigation of anti-dumping investigations should be terminated and anti-dumping measures already existed should be cancelled.
In 1995, the EU implemented anti-dumping measures on our furfural products for the first time, and the tax rate was 352 euros per ton. Afterwards, the case continued to be maintained after several mid-term reviews and sunset reviews.
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