NEWS
CHINA EXTENDS PUNITIVE TARIFFS ON USA DISTILLER’S DRIED GRAINS FOR 5 YEARS
By Susan Lewis
12-1-2023
Source: Distiller's Grains Technology Council/Facebook
China's Ministry of Commerce announced yesterday that it will extend the anti-dumping and anti-subsidy tariffs on distiller's dried grains (DDGs) from the USA for another five years.
The product, which is a cereal by-product from the distillation process, is usually used as fodder for livestocks.
China first implemented the anti-dumping rate between 42.2 percent and 53.7 percent on US DDGs exporters in 2017, while anti-subsidy tariffs were raised to between 11.2 percent and 12 percent at the same time.
The 2017 ruling was supposed to last for five years, Beijing started a review for the measures in January 2022.
The Ministry of Commerce announced yesterday in a statement that it is necessary to continue to impose the anti-dumping and anti-subsidy duties on DDGs imports from the USA.
The statement China has imported 6.82 million tons of DDGs from the USA since 2009, the imports far exceeded domestic production and severely impacting domestic distillation and DDGs market.
If the anti-subsidy and anti-dumping measures are terminated, the statement added, US DDGs exporters will likely export large quantities again to China at a low price, and may cause damage to the domestic industry again.
The ethanol branch of the China Alcohol Industry Association welcomed the decision, noting that over the past five years, the duties have effectively curbed the unfair trade of DDGs from the USA, and have ensured the sound development of the domestic industry.
(the writer can be contacted at: info@thewinechronicle.com)
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