China extends anti-dumping tariffs on NBR from Japan, Korea

Beijing - China’s ministry of commerce (MOFCOM) has decided to extend anti-dumping measures against the imports of acrylonitrile-butadiene rubber (NBR) from Japan and Korea.

The tariffs were initially introduced in 2018 upon a petition by Chinese NBR makers Ningbo Shunze Rubber and CNPC affiliate Lanzhou Petrochemical. 

The newly extended tariff rates, effective on 9 Nov, are set for a period of five years as follows:

Korea

Kumho Petrochemical – 12%;

LG Chem – 15%

All other Korean companies – 37.3%

Japan

Zeon Corp. – 28.1%

Eneos Materials Corp. – 16%

All other Japanese companies – 56.4%

Nitrile rubber is widely used for its oil resistance and physical properties in applications including, seals, hoses, gaskets, rollers and conveyor belts.