| China to impose deposit on imported nylon 6 |
| Monday,October 19,2009 Posted: 17:08 BJT(0908 GMT) |
| From:za2 Article type:Original |
China from Tuesday will require a security deposit on imported nylon 6 or polycaprolactam from the United States, the European Union, Russia and the Taiwan region, the Ministry of Commerce (MOC) said in a statement Monday. The decision followed a preliminary ruling of the MOC, which said the above-mentioned areas had dumped nylon 6 on the Chinese market and the imports had caused substantial damage to the domestic sector. The MOC said ultimate ruling would be issued based on further investigation. Nylon 6 is widely used in the manufacture of hosiery, knitted garments, threads, ropes, filaments, nets and tire cords. |
| (Source: English Site of South Africa) |
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