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Article: Regain saccharin market.(international trading)
- Article from:
- China Chemical Reporter
- Article date:
- March 26, 2006
CopyrightCOPYRIGHT 2006 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Saccharin as the first product in China that suffered from dumping investigation in overseas markets completely lost the US market after the imposition of antidumping tax by the United States in 2003. With the great efforts made by both enterprises and lawyers, the US Ministry of Commerce has recently revised its preliminary ruling. Chinese enterprises have therefore regained the US market.
The US Ministry of Commerce announced on February 6th, 2006 that it had made a final ruling after the administrative reevaluation on saccharin from China and partial antidumping tax is lifted. Shanghai Fuxing Chemical Co., Ltd. has gained a tax rate of 17.05% and the tax rate ...