US Imposes Nearly 451% Anti-Dumping Duties on Sanyuan Biotechnology's Sweeteners

MT Newswires Live07-16

The US Commerce Department imposed 450.64% in anti-dumping duties against Shandong Sanyuan Biotechnology's (SHE:301206) erythritol sweeteners, according to a Wednesday filing with the Shenzhen bourse.

The duties follow a preliminary anti-dumping investigation.

The Commerce Department will need to enforce a final ruling following further verification, the filing said.

Sanyuan Biotech will adjust its export-oriented sales strategy and focus on the domestic market, the filing said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment