China treats Korean acrylate as temporary dumping item

Xinhua Press reported on December 4 that the authorities decided to temporarily treat imported acrylate from 4 countries including Korea as a dumping titem. The Chinese department of State asserted that acrylate from the 4 countries, Korea, Malaysia, Singapore and Indonesia, damaged domestic industry. From December 5, importers for the 4 countries will give a fixed deposit in cash to Chinese customs. The Chinese authorities set about making inquiries on the topic October 10 last year.