EU launches anti-dumping investigation on Chinese candles - candles, import and export


A small candle lit up a string of international lawsuits. On March 17th, I learned from the Hubei Provincial Department of Commerce that in the first two months of this year, the EU initiated anti-dumping investigations on candles imported from China, involving 15 enterprises in the province.

After the United States imposed a high anti-dumping duty on candles produced in China, on February 16 this year, the EU issued a notice announcing the anti-dumping of ordinary candles, cone candles and similar products originating in China, in addition to commemorative and outdoor candles. survey.

According to customs statistics, the amount of products exported to China last year was about 360 million U.S. dollars, accounting for 48% of the global market. This international trade friction will affect the candle exports of our province.

The main reason for anti-dumping in Europe and the United States is that, with reference to the candle production costs in countries such as India and Brazil, the price of candles exported to the EU in China is low and is suspected of dumping.

According to the Hubei Provincial Department of Commerce, early warnings were issued as early as December 2006 to remind candle companies to pay attention to anti-dumping risks when exporting to the EU.

A person from the Commerce Department said that it was still an early warning. After the Chinese negotiations, the EU's filing was postponed for more than a year. The relevant companies received a year of breathing, which could be used to adjust the export structure or develop new products.

At present, the Provincial Department of Commerce has organized the enterprises involved in the case to participate in the preparation and mobilization preparation meeting. According to the source, with the recent decline in the US economy, the world economic growth rate may slow down, and international trade frictions will further intensify. It is foreseeable that this year will still be a year of frequent trade frictions.





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