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Chinese corns starch duty approved by EU ministers.

Friday, 01 October 2010 00:00

THE PRICE of Chinese-made dry sodium gluconate in the European Union (EU) is set to rise, after the EU Council of Ministers yesterday (Monday 25 Oct) imposed stiff definitive anti-dumping duties on this widely-used food additive. Tariffs will be set at 53.2%--except for two producers cooperating with European Commission inquiries into the problem: Shandong Kaison Biochemical Co., Ltd, of Rizhao City (5.6%); and Qingdao Kehai Biochemistry Co. Ltd, of Jiaonan City (27.1%). Made from cornstarch, it is widely used in cheese, desserts, canned vegetables, sauces, broths and many other processed foods. The action follows complaints from European producer Roquette, based in Britain and Germany, about the dumping of cut-priced Chinese dry sodium gluconate in Europe that had caused its commercial health "material injury".
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Author:Nuthall, Keith
Publication:International News Services.com
Date:Oct 1, 2010
Words:133
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