Anti-sub­sidy du­ties on feed in­gre­di­ent

China Daily (USA) - - BUSINESS -

China will im­pose anti-sub­sidy du­ties of be­tween 10 per­cent and 10.7 per­cent on im­ports of a US an­i­mal feed in­gre­di­ent known as dis­tillers’ dried grains, the Com­merce Min­istry said in a pre­lim­i­nary rul­ing on Wednes­day. The move was widely ex­pected af­ter the gov­ern­ment an­nounced a sim­i­lar move on anti-dump­ing du­ties last week. As with last week’s rul­ing, the de­ci­sion af­fects some of the big­gest play­ers in the US ethanol in­dus­try, in­clud­ing global traders Archer Daniels Mid­land Co and Louis Drey­fus, along with ethanol pro­ducer Poet LLC, oil re­finer Valero En­ergy Corp and grains group An­der­sons Inc.

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