Chemical dumping has intensified, and Chinese capital has risen to self-defense

[China Epoxy Network (China Epoxy Industry Online)News from January 13, 2009: The dumping of foreign-funded chemical products has intensified, and Chinese companies have risen to defend themselves.
According to experts from the China Epoxy Industry Association ( domestic chemical companies are now facing the threat of dumping from foreign giants, driven by the harsh situation of declining demand and plummeting prices.
Experts have recently learned from the industry that chemicals such as organic chemical raw materials and synthetic resins are indeed facing foreign dumping.
For this reason, domestic companies have submitted anti-dumping investigation applications one after another, taking the initiative to "self-defense" with legal weapons.
"Recently, manufacturers in South Korea, the United States and other countries and the Middle East have turned their attention to China in order to divert the domestic crisis, dumping their organic and synthetic resin products at very low prices, which has seriously disrupted the domestic market.
" China Petroleum and Chemical Industry Association A high-level executive disclosed this trend at the industry economic situation analysis symposium held a few days ago.
According to reports, the foreign capital dumping in China is a trick that is far lower than the domestic market price.
Taking the linear low-density polyethylene at the end of October as an example, its foreign quotation is equivalent to RMB 8511/ton, which is 789 yuan/ton lower than the domestic market price.
At the same time, the foreign quotation of polypropylene is 7234 yuan/ton, which is 1366 yuan/ton lower than the domestic price.
According to customs data, the average import price of propylene in October was US$1126.
5/ton, equivalent to RMB 3,540/ton lower than the average domestic market price (at 1:6.
8); the average import price of ethylene glycol was US$814.
6/ton.
The equivalent of RMB is 3381 yuan/ton lower than the domestic average price; caprolactam is about 2600 yuan/ton lower than the domestic price.
Another authoritative person close to the Ministry of Commerce revealed that since June this year, the Ministry of Commerce has successively received some applications for anti-dumping investigations, and there has been an increase in applications since October.

    "So far, dimethyl cyclosiloxane has been preliminarily identified as anti-dumping, and acetone has been finalized.

Ben Wang 2007 enable the "Chinese epoxy net" new name retains "China Epoxy Resin Industry online" name
English name: E- .