Import SM from three countries to China to face antidumping duties

After several months on investigation, Chinese authorities decided to impose antidumping duties on import styrene monomers from three countries, including South Korea, Taiwan and USA starting 13 February 2018. The detail rates are shown in the following table:

In a statement on official website of Chinese Ministry of Commerce, the ADD will temporarily be implemented in the form of a deposit, which calculated by taking ADD rate from the value of the goods.