China is planning to impose more antidumping duties on chemical imports this year due to increasing trade tensions with the US. However, there has been no major shift in market sentiment for the affected products. Market players are still considering the long-term implications of these duties.
China had earlier announced several new ADD rulings on different chemicals in the first quarter, including bisphenol A (BPA) and styrene monomer (SM), with another five awaiting a final decision by the country’s commerce ministry sometime this year.
