China hits US, Mexican pecans with preliminary anti-dumping curbs

🇨🇳 South China Morning Post (CN) —
China hits US, Mexican pecans with preliminary anti-dumping curbs

AI Summary

China's Ministry of Commerce has imposed preliminary anti-dumping duties on pecan imports from the US and Mexico, citing harm to domestic producers due to increased import volumes and lower prices. The ruling follows an injury investigation highlighting a significant rise in dumped imports affecting the Chinese market.

Beijing has issued a preliminary ruling that the United States and Mexico are dumping pecans into the Chinese market and harming domestic producers, according to the Ministry of Commerce. “Over the injury investigation period, the volume of dumped imports rose by a cumulative 104.56 per cent and their share of the domestic market increased by 9.69 percentage points,” the ministry said in a statement on Monday. “The import price of the dumped products fell by a cumulative 9.15 per cent and...

Politics Markets Commodities anti-dumping pecans China US Mexico trade dispute Ministry of Commerce

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