Guangzhou China Oct. 21, 2010 - Identifying imported sodium gluconate (SG) from China as a detriment to its SG market, the EU launched an anti-dumping investigation on Chinese SG on August 11, 2009 and implemented provisional anti-dumping measures on May 4, 2010, affecting Chinese exports to the EU with a value of about USD5.88 million. This anti-dumping measure launched by the EU would put great obstacles in the way of most SG producers in China expanding EU market in the next few years.
The European Commission delivered a Note to the Commercial Office of the Mission of the People's Republic of China to the European Communities on July 30, 2010, revealing the final ruling of the anti-dumping case of SG from China.
Two Chinese enterprises have cooperated with the investigation. Therein, Shandong Kaison Biochemical Co., Ltd. still got market economy treatment (MET) with a duty rate of 5.6%, while Qingdao Kehai Biochemistry Co., Ltd. was given individual treatment (IT) again, with the duty rate slightly down to 27.1% from the preliminary ruling of 27.3%; and the duty rate for other enterprises was reduced to 53.2% from the preliminary ruling of 53.4%.
Based on CCM International's export analysis, export volume of China's SG to the EU, hit by global financial crisis and the anti-dumping investigation, decreases much to only about 2,800 tonnes accounting for around 5% of total export volume in 2009. China's export volume of SG in the past few years has been increasing quickly, reaching around 61,000 tonnes in 2009 with compound average growth rat (CAGR) of 81.52% during 2003-2009.
Stimulated by booming economy and growing demand, China's SG industry has experienced a rapid development since 2000 and has played an important role in global market, with CAGR of 33.14% for total output.
SG is mainly applied as a concrete additive in concrete industry in China. China's SG industry has been benefited from concrete industry by growing demand mainly thanks to governmental support for construction industry in the past few years, including growing fixed asset investment and the four-trillion-yuan stimulus package.
Source: CCM International