On June 6, China MOFCOM issued Announcement No. 25 of 2019  on the initiation of a review investigation into anti-dumping measures on acetone imported from Japan, Singapore, South Korea and Taiwan. The investigation will run from 8th June, 2019 to 7th June, 2020. State Council Tariff Commission decided to continue to impose the same tariffs on acetone imported from Japan, Singapore, South Korea and Taiwan according to the Announcement No.40 of 2008 and Announcement No. 40 of 2014 issued by MOFCOM.
Chronology of events:
On 8th June, 2008, MOFCOM issued Announcement No.40 of 2008, imposing anti-dumping measures on Japan, Singapore, South Korea and Taiwan, which would begin on 9th June, 2008 and run for 5 years.
On 9th September, 2010, MOFCOM issued Announcement No. 54 of 2010, deciding to adjust the anti-dumping tariffs on acetone imported from South Korea Kumho P&B Chemical Co., Ltd.
On 6th June, 2014, MOFCOM issued Announcement No. 40 of 2014, deciding to extend the implementation of anti-dumping measures for another 5 years from the beginning of 8th June, 2014.
On 9th October, 2018, MOFCOM issued Announcement No.77 of 2018, announcing that the anti-dumping measures on acetone imported from Japan, Singapore, South Korea and Taiwan would expire on 7th June, 2019, and relevant industries, natural person, legal person and related organizations of industries in Chinese mainland could submit the application for expiry review within 60 days before the expiry date. There were 6 companies in Chinese mainland representing the acetone sector in Chinese mainland that submitted the expiry review application on the anti-dumping measures.
According to the relevant anti-dumping regulations, MOFCOM decided to conduct expiry review investigation of anti-dumping measures on acetone imported from Japan, Singapore, South Korea and Taiwan starting on June 8th, 2019.