China slaps anti-dumping measure on caprolactam imports

BEIJING - Chinese importers of European Union and United States caprolactam will have to put down a security deposit from Tuesday, the Ministry of Commerce (MOC) said Monday.


A preliminary ruling said caprolactam from the EU and the US had been dumped in China, the ministry said in a statement on its website.


The dumping caused substantial damage to China's domestic industry, the statement said.


A final ruling will be made at a later date after further investigations.


Caprolactam is the precursor to Nylon 6 and is a widely used synthetic polymer.
(Source:ChinaDaily)