Reporters learned yesterday from the Ministry of Commerce, China's will from November 21, 2013, on the origin of anti-dumping duties on imports of pyridine India and Japan, the implementation period of 5 years. The industry believes that the move will lead to domestic pyridine prices.
Commerce Department yesterday released the announcement stated that after an investigation, the investigating authorities ultimately ruled that in this case the survey period, the existence of the investigation were dumped, China substantial damage to the domestic industry, pyridine, and there is a causal link between dumping and material injury.
Reporters learned that the Ministry of Commerce on September 21, 2012 officially on the origin of the anti-dumping investigation on imports of India and Japan pyridine products, and in May 27, 2013 preliminary decision to take temporary anti-dumping measures on these products. Affected by the preliminary ruling, pyridine prices have been rising. The industry believes that the Commerce Department's final determination will be overwhelmed by further pushing up the price of pyridine.
A person engaged in pesticide trade said that since only November, pyridine price already from 32,000 / ton up to 37,000 / ton. Insiders said that the results came after the anti-dumping, pyridine future prices are expected on the red to 40,000 yuan / ton.
In listed companies, the red sun in the 20 evening announcement said, August 2, 2012, a wholly-owned subsidiary of Anhui Guoxing Biochemical Co., Ltd. and Nanjing Red Sun Biochemistry Co., Ltd. and two other domestic companies pyridine behalf of the domestic industry, the Ministry of Commerce has submitted application for anti-dumping investigations, requests for anti-dumping investigation originating in Japan and India imports pyridine.
Red Sun, said the company a wholly owned subsidiary of pyridine and Nanjing, Anhui Guoxing Biochemical main product, the anti-dumping investigation final results help to promote Nanjing, Anhui Guoxing and biochemical industries pyridine benign operation and sustainable development, the company will have a positive impact.
According to the company after the introduction of the person in charge, the company's chain of pyridine bases pure pyridine 2/3, 3 1/3 - methyl pyridine, which is mainly used for the production of pure pyridine paraquat, diquat and other downstream products, 5 - Methypyridyl mainly foreign sales.
Public information, pyridine is an important chemical intermediates, pesticides are its biggest downstream applications, pyridine used pyridine accounted for about 50% of all consumption, including paraquat, diquat, chlorpyrifos, imidacloprid.
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