Market and product

China says to impose anti-dumping tax on nitrile rubber from Japan, S. Korea

04:54 PM @ Thursday - 08 November, 2018

* China’s Ministry of Commerce on Thursday said it would impose anti-dumping tax on nitrile rubber products imported from Japan and South Korea.

* Ministry says the anti-dumping tax rates vary from as low as 12 percent to as high as 56.4 percent and will take effect on Friday.

* Nitrile rubber is used in automotive and aeronautical industries to make hoses and seals. - Reuters -