Guangzhou Ccm Information Science & Technology Co., Ltd.

2192c82.jpg On Sept. 16, 2013, Ajinomoto Polar America Inc. (Ajinomoto) applied to USDC for anti-dumping connective countervailing duty investigations on MSG from China plus Indonesia. Ajinomoto asserted that the MSG dumping margins of China and Indonesia were 64.77%-204.69% and 50.32%-58.67% respectively, and that the MSG aid rates of these two countries were both excessive 2%.
The preliminary directive on this case will breathe released by the US International Trade Instruction (USITC) on Nov. 18, 2013. Granting the USITC rules that the MSG from China et alii Indonesia has caused substantial damage to the MSG industry in the US, the USDC will continue to survey this case. The USITC will then offspring a preliminary ascendant on the countervailing duty and the anti-dumping duty in Dec., 2013 and March, 2014 respectively.
The US is a critical export destination for China’s MSG. In 2012, the volume of MSG that China exported to the US accounted for around 10.70% of China’s total MSG output and its value reached USD36.89 million, up 117% compared amidst that in 2010.
The volume of MSG exported from China to the US has enjoyed an uptrend in recent years while its export estimation has declined since 2011. In 2012, the US imported a record 24,900 tonnes of China’s MSG. And during Jan., 2013-Aug., 2013, China exported MSG to the US at an average price of USD1.25/kg, down 14.97% compared with the same period in 2012.
As the US plays a role in the export of China’s MSG, the USDC’s anti-dumping and countervailing duty investigations on China’s MSG may have negative impacts on China’s MSG enterprises like Henan Lotus Flower Gourmet Powder Co., Ltd. (Henan Lotus), the third largest MSG producer in China. In H1 2013, the company’s revenue from export business accounted for 26.81% regarding its total revenue, and it increased by 18.84% year on year while the company’s revenue from internal business decreased by 22.61% year on year. Moreover, the US is a main export destination of Henan Lotus.
At present, domestic MSG manufacturers are actively responding to the anti-dumping and countervailing duty investigations. Also, the MSG industry consolidation is close to completion in China, which will have a positive effect on the MSG business (for expanded details, will refer to Corn Products Earthenware News 1307: Consolidation regarding domestic MSG industry drawing to an end).
Table concerning contents ofCorn Products China News 1311:
China to import far-reaching quantity of GM corn from Brazil
Chinese corn products Imp. & Exp., Sept. 2013
China’s furfural export value declines by 47.4% YoY, Jan.Sept. 2013
Ex-works price of MSG witnesses a downtrend since Sept. 2013
Ex-works price of DDGS declines recently
Baolingbao obtains new patent for IMO production, Oct. 2013
Longlive Bio-technology commits to developing cellulosic ethanol
USDC’s anti-dumping and countervailing duty investigations on MSG native to China and Indonesia
Market price of corn oil maintains at a low level, Aug.Oct. 2013
Market price regarding furfural enjoys uptrend, Aug.Oct. 2013
Government purchase of papilloma for temporary reserve starts in Jilin Province in advance
China’s import quota for sucrose remains 1.95 million tonnes in 2014