BEIJING (Reuters) – China’s Ministry of Commerce is set to review its anti-dumping tariffs on imports from the United States of distillers grains (DDGS), an animal feed ingredient, according to a document issued by the China Alcoholic Drinks Association.
The document – dated April 8 and issued to member companies and reviewed by Reuters – said the U.S. Grains Council had asked the commerce ministry to terminate their anti-dumping and anti-subsidy tariffs on American DDGS.
Commerce - Ministry - Fax - Confirmation - Review
The commerce ministry did not respond to a fax seeking confirmation of the review. It is not clear what the outcome of the review will be.
DDGS are a byproduct of ethanol production and have become a key contributor to profits for makers of the biofuel. After the tariffs were implemented in 2016, imports by China fell sharply.
China - Tonnes - DDGS - United - States
China bought 3 million tonnes of DDGS in 2016, mainly from the United States and worth $684 million in total, according to Chinese customs data. The imports that year were down 55 percent from 2015.
The U.S. industry...
Wake Up To Breaking News!