Home >

The EU Has Double Anti Tariff &Nbsp On My Coated Paper, And Three Companies Involved In Chenming Paper.

2011/5/13 16:59:00 239

Double Tariff Of Coated Paper Involves Chenming Paper Industry

This newspaper learned that the European Union decided to import China from China recently.

Art paper

Levy "double reverse" tariffs ranging from 20%-39.1%.

This may raise the international paper price while keeping the price of coated paper in the Chinese market under pressure.

The Chinese enterprises facing "double anti" insist that the ruling is unfair.


It is reported that this involves double opposition.

tariff

The enterprises included APP (China), sun paper and Chenming paper.

The rate of levy is different from 20%-39.1%.


Among them, APP (China), which exports the largest number of EU, is imposed a mandatory 20% of the mixed tariff (including 12% countervailing duties and 8% anti-dumping duties).

Although the tax rate is the lowest among Chinese companies, APP (China) is still "deeply disappointed" with the ruling and insists that the EU's ruling is unfair.


APP told reporters this time.

Anti-dumping

There are fundamental flaws in countervailing investigations from the very beginning, including the artificially narrowed product definition, and the erroneous conclusion that the European paper industry has been damaged by the case.

At present, APP is considering all possible legal channels to safeguard its legitimate rights and interests.


Zheng Rui, general manager of marketing and strategic planning department of APP (China), said: "imports of China's coated art paper account for less than 5% of the EU market share. There is no evidence that they have a substantial negative impact on the overall financial situation of the paper-making enterprises in Europe.

In fact, the complaint company of the European Union has raised its product price by 10% at least last year.


In an interview with the newspaper, he said that China exported about 200 thousand tons of coated paper to the EU every year.

The EU's levy on China's "double reverse" tariffs on coated paper will inevitably lead to the pfer of some of the coated paper output to the domestic market, and domestic paper prices may therefore be under pressure, but the magnitude will not be too great.

  • Related reading

Gem Executives Dropped More And More &Nbsp, And More Than 1 Billion Since March.

financial news
|
2011/5/13 16:54:00
51

The NDRC Requires Oil Companies To Guarantee The Supply Of &Nbsp; In Principle, Suspend Diesel Exports.

financial news
|
2011/5/13 16:43:00
58

Italian Central Bank President Is Expected To Take Over The European Central Bank &Nbsp; Known As "Inflation Fighter".

financial news
|
2011/5/13 11:07:00
32

The Central Bank Of China Raised The Deposit Reserve Rate For The Fifth Time In A Year.

financial news
|
2011/5/13 9:00:00
47

The NDRC Requires Windows To Guide Industry Associations &Nbsp; Prevent And Stop Price Monopoly.

financial news
|
2011/5/12 15:17:00
60
Read the next article

Wu Xuekai, One Of The Youngest Golden Summit Designers In China