Antidumping Investigation on: Citric acid, sodium citrate, potassium citrate and calcium citrate
The Ministry of Foreign Trade through its Secretary of Foreign Trade (SECEX/MDIC) published on August 8, 2016, an official notice adjusting the antidumping duties on Brazilian imports of citric acid, sodium citrate, potassium citrate and calcium citrate produced by Chinese companies COFCO Biochemical, Anhui BBCA, Maanshan Biochemical, RZBC, RZBC (Juxian) and exported to Brazil directly or through the trading RZBC Import and Export.
The adjustment was based on the variations of sugar price on the second trimester of 2016, which reached 18,69 US$/lb, presenting an increase in relation to the average of the first trimester of 2016 (14,84 US$/lb). The correction factor applied over the committed price was 1,1039776. Therefore, CIF prices of exports of the aforementioned products cannot be lower than US$ 1.361,97/t.
The measure will come into force in 30 days from its publishing.