The Ministry of Commerce (MOFCOM) announced on November 8 that on September 8, MOFCOM received the application for final review of anti-dumping measures submitted by China National Petroleum Corporation (CNPC) Lanzhou Petrochemical Company Limited and Ningbo Shunze Rubber Company Limited on behalf of China's nitrile rubber industry. According to the relevant provisions, the Ministry of Commerce decided to conduct a period-end review investigation, starting from November 9, 2023, into the anti-dumping measures applied to imports of nitrile rubber originating from South Korea and Japan.
On November 8, 2018, the Ministry of Commerce issued Notice No. 84 of 2018, deciding to impose anti-dumping duties on imports of nitrile rubber originating from South Korea and Japan from November 9, 2018 onwards. The anti-dumping duty rates are 12.0%-37.3% for South Korea and 16.0%-56.4% for Japan, respectively, with an implementation period of five years.
On June 30, 2022, MOFCOM issued Announcement No. 18 of 2022, deciding that ENEOS Materials Corporation (ENEOS) shall succeed the anti-dumping duty rate of 16.0% and other rights and obligations applied by JSR Corporation in the anti-dumping measures on nitrile rubber; and that the name of the company, JSR Corporation (JSR), shall be used as the name of the Korean company, and the name of the Japanese company shall be used as the name of the Japanese company. (JSR Corporation) to China, the anti-dumping duty rate of "other Japanese companies" in the anti-dumping measure shall be applied, i.e. 56.4%.
Based on the recommendation of the Ministry of Commerce, the Customs Tariff Commission of the State Council decided to continue to impose anti-dumping duties on the imported nitrile rubber originating from the Republic of Korea and Japan in accordance with the scope of dutiable products and the duty rates announced in the Ministry of Commerce's Announcement No. 84 of 2018 and Announcement No. 18 of 2022, during the period of the end-of-period review and investigation of the anti-dumping measures.
It is reported that NBR is widely used in various oil-resistant products, such as O-rings, oil seals, hoses, hoses, gaskets, rubber rollers, shoe soles, conveyor belts, and thermal insulation foam tubes, etc., due to its excellent oil resistance and physical and mechanical properties.