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  • American companies filed a 337 investigation application for my touch mobile devices, computers and their components

    2019-06-04

    Source: Trade Remedy and Investigation Bureau of the Ministry of Commerce. On May 22, 2019, the United States Neodron Company filed an application with the United States International Trade Commission (ITC) in accordance with Section 337 of the US Customs Tariff Act 1930 Touch-Controlled Mobile Devices, Computers, and Components Thereof infringing its patent rights by exporting, importing and selling in the United States, requested ITC to initiate a 337 investigation and issue a limited exclusion order and Prohibition order. China Lenovo Group Co., Ltd. is involved in the case. Read More
  • International crude oil has both long-term and short-term concerns

    2019-10-21

    Author: Shi Xuan Source: China Chemical Industry News October 21, 2019 October 9, Turkish President Recep Tayyip Erdogan announced the launch code-named \"Peace Fountain \" military operations into northern Syria; OPEC production cuts approved by the increase in Nigeria The crude oil production target under the agreement reached 1.774 million barrels per day, which was previously 1.685 million barrels per day; OPEC's second largest oil-producing country had a large-scale riot in Iraq; Tehran local time in the early morning of October 11, a vessel named SABITI Iranian oil tanker exploded in the Red Sea and caused crude oil leakage... The international situation is turbulent, and the international crude oil market is also changing rapidly. Industry experts believe that the market has both long-term and short-term concerns.  Oil market operating pressure   In September, the oil-producing countries maintained a stable production cut support price bottom, and the US crude oil industry data was good throughout the cycle, which also played an important support. US crude oil and finished products Read More
  • Gulf Cooperation Council adopts safeguard measures for imported cement, plaster and concrete additive products

    2019-06-02

    Source: Trade Remedy and Investigation Bureau, Ministry of Commerce 2019-05-27-May 15th, the Gulf Cooperation Council's Technical Secretary Bureau for Anti-International Trade Damage Act released the\"Official Gazette\" and made a final decision on the case of safeguard measures for imported cement additives. Taxes will be imposed on imports exceeding 250,354 tons of annual quota, and the measures will be implemented from June 21, 2019. The tax number of the product involved is 3,824,4000, and the tax range is USD 221/ton in the first year, USD 199/ton in the second year, and USD 177/ton in the third year. The GCC member countries include: UAE, Oman, Bahrain, Qatar Kuwait, Saudi Arabia. For details, please contact the China Minmetals Chemicals Import and Export Chamber of Commerce, Tel: 010-85692781, Fax: 010-65882821. Read More
  • \"Uncertainty\" envelopes the European petrochemical industry

    2019-10-21

    Author: Rao Xinghe Source: China Chemical Industry News October 21, 2019 passage of time, in October last year, the European petrochemical industry is still in a bull market, the market situation is particularly optimistic. A year later, the European petrochemical industry was shrouded in uncertainty. In stark contrast to last year's situation, the global economic stagnation, continued trade friction, the imminence of Brexit in the UK, and shrinking production in the European chemical industry have all added together, making the prospects for European petrochemical companies difficult.  The economic situation is not optimistic   For chemical companies, the macroeconomic slump has caused a serious blow to corporate confidence, and the cautiously optimistic expectations at the beginning of the year have turned to pessimism. IHS Markit predicts that the European GDP growth rate in 2019 will be 1.1%, a decrease of 0.8 percentage points from last year.   Against this background, the chemical industry performed poorly. According to the German Chemical Industry Association (VCI), the second quarter of the German chemical industry Read More
  • Mexico imposes temporary anti-dumping duties on my aluminum foil rolls

    2019-06-01

    Source: Trade Remedy and Investigation Bureau, Ministry of Commerce. On May 24, 2019, the Mexican Ministry of Economy issued an announcement announcing the preliminary ruling on the anti-dumping investigation against aluminum foil paper rolls and deciding to impose a temporary anti-dumping tax. The Mexican tariff number of the product in question is 76071101. The taxation method is a combination of a minimum price and separate tax rates, as follows: 1. The minimum price is 3.4817 USD/kg. When the import customs clearance price of the product involved is higher than the minimum price, no temporary anti-dumping measures shall be taken. 2. When the import customs clearance price is lower than the minimum price, the temporary anti-dumping measure is the difference between the import price and the minimum price, but the following companies are not taxed to exceed their respective temporary dumping margins: 1) Hangzhou Five Star: 0.17968 USD/kg 2) Jiangsu Zhongji: 0.6588 USD/kg 3) Boxing Ruifeng and others: 1.1634 USD/kg Read More
  • Total retail sales of consumer goods in the first three quarters increased by 8.2%

    2019-10-19

    Source: National Bureau of Statistics October 18, 2019. In the first three quarters of 2019, the total retail sales of social consumer goods was 296674 billion yuan, a nominal increase of 8.2% year-on-year (actual increase of 6.4% after deducting price factors, the following are all nominal growth unless otherwise specified). Among them, the retail sales of consumer goods other than automobiles was 268146 billion yuan, an increase of 9.1%.  In September, the total retail sales of social consumer goods was 344.9 billion yuan, a year-on-year increase of 7.8%. Among them, the retail sales of consumer goods other than automobiles was 31.9097 trillion yuan, an increase of 9.0%.  According to the location of the operating unit, the retail sales of consumer goods in urban areas in the first three quarters was 253.524 billion yuan, an increase of 8.0% year-on-year; the retail sales of consumer goods in rural areas was 4.315 trillion yuan, an increase of 9.0%. Among them, the retail sales of consumer goods in urban areas in September was 2,911.2 billion yuan, an increase of 7.5% year-on-year; the retail sales of consumer goods in rural areas was 53,82 billion yuan, an increase of 9 Read More
  • Chile's final ruling decided to tax our steel grinding balls

    2019-05-30

    On May 23, 2019, the Chilean Ministry of Finance released the final ruling on the anti-dumping case against China's steel grinding balls in the \"Official Daily\", deciding to impose a 5.6% ad valorem anti-dumping tax on steel grinding balls produced in China from today The measures are effective within 1 year from the date of promulgation. The customs code of the product involved is: 7326 1110. The products of Gangnuo New Materials Co., Ltd. are temporarily not in the scope of taxable products. For the case announcement, please check the following link: https://www.diariooficial.interior.gob.cl/edicionelectronica/index.php?date=23-05-2019&edition=42360 Read More
  • Ukraine launches anti-dumping investigation on hot-rolled seamless steel pipes imported from China

    2019-05-28

    Article source: Trade Remedy Investigation Bureau of the Ministry of Commerce 2019-05-21 10:41 On May 14, 2019, the Ukraine Intersectoral International Trade Commission decided to conduct an anti-dumping investigation on hot-rolled seamless steel pipes imported from China. The tax numbers of the products involved are: 730419,730423,730429,730439,730459. Read More
  • China and Russia will jointly build the world's largest ethylene integration project

    2019-10-18

    Source: Ministry of Commerce On the evening of October 17, 2019, China National Chemical Engineering Group Co., Ltd. (abbreviated as China Chemical) and Gazprom, signed the Russian Baltic Chemical Complex (BCC) project FEED+EPC General contract. The project is the largest ethylene integration project in the world, and it is also the project with the largest single contract value in the global petrochemical field. The contract value is about 12 billion euros.   It is understood that ethylene is one of the largest chemical products in the world. The ethylene industry is the core of the petrochemical industry. Ethylene products account for more than 75% of petrochemical products. The   Baltic Chemical Complex (BCC) project is one of the large-scale natural gas liquefaction and processing plant projects implemented by Russian Gazprom and Gazprom in Ustruga, Russia. According to the plan, the project has an annual output of 280 Read More
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