Methanol companies call for more anti-dumping efforts

On November 15th, a "Report on the Preliminary Opinions on Methanol Anti-dumping Cases" was formally submitted to the Ministry of Commerce of the People's Republic of China. This is the overall evaluation of the preliminary results of the methanol anti-dumping case by the China Nitrogen Fertilizer Industry Association representing the national methanol enterprise.
The "Report" pointed out that the preliminary results of the methanol anti-dumping case announced by the Ministry of Commerce on October 25 differed significantly from the results obtained by the applicant companies based on the obtained information. The results were not only difficult to effectively protect China's methanol and related industries. It will also indulge in the Middle East countries such as Saudi Arabia to increase its methanol dumping efforts, which will cause greater damage to China's methanol and related industries. Urge the investigation agency to further verify the relevant materials of the company, and in the final ruling, impose anti-dumping tax according to the actual dumping margin. They also requested the Ministry of Commerce to submit negotiations with Iran, Saudi Arabia, Oman and other Middle Eastern countries as soon as possible, requesting them to urge their respective methanol companies to regulate their exports to China, stop dumping in China, and protect Chinese methanol companies from the harm caused by imported methanol dumping.
It is understood that on June 24, 2009, the application of 14 methanol companies, including Shanghai Coking Co., Ltd. and Inner Mongolia Yuanxing Energy Co., Ltd., was conducted by the Ministry of Commerce of the People's Republic of China on imported methanol originating in Indonesia, Malaysia, New Zealand, and Saudi Arabia. Anti-dumping investigation. On October 25 this year, the Ministry of Commerce issued the Bulletin No. 71 of 2010, which made an initial ruling on the anti-dumping investigation of methanol and determined that there were dumping of methanol products exported from China, Indonesia, Malaysia, and New Zealand related companies to China. It is decided that from October 28, 2010, import duties of 9.3% to 37.5% will be levied on imported methanol originating in the aforementioned countries. At the same time, it was ruled that there was no dumping of imported methanol originating in Saudi Arabia, and its anti-dumping investigation was terminated.
The initial anti-dumping decision made domestic methanol companies hope and hope, but this result has disappointed them. Representatives of 16 methanol companies gathered in Beijing on November 12th. They hoped to report their opinions and voices to the Ministry of Commerce through the China Nitrogen Fertilizer Industry Association. They requested the Ministry of Commerce to re-investigate and verify and provide methanol that is consistent with the facts and satisfy the company. Final ruling on anti-dumping cases.
“Saudi Arabia, which has a huge amount of methanol for export to China, was ruled to have no dumping, but Indonesia, Malaysia, and New Zealand, East Kalimantan Methanol Industry Co., Ltd., Malaysian National Oil Company Nayong Island Methanol Corporation, and May The companies that mainly export methanol to China, such as Sainis New Zealand Co., Ltd., decided only 9.3% to 9.5% of the dumping margin, which is inconsistent with the serious dumping damage suffered by Chinese methanol companies, and it is even more difficult to effectively protect the methanol industry in China.” Wang Donggang, deputy general manager of Xinghua Energy Corporation, said.
Hu Xipeng, chief economist of Shaanxi Yulin Natural Gas Chemical Industry Co., Ltd., Ou Xiaoming, deputy general manager of Zhejiang Jinju Chemical Co., Ltd., and Shanghai Coking Co., Ltd., Yankuang Group Coal Chemical Branch, Anhui Linquan Chemical Co., Ltd., China Coal Heilongjiang Coal Chemical Industry (Group) Representatives of Hebei Zhengyuan Chemical Group Co., Ltd. and CNOOC Amano Chemical Co., Ltd. also agreed with this.
According to statistics from the China Nitrogen Fertilizer Industry Association, from January to September this year, China imported 3.78 million tons of methanol, and 11% of the total imported methanol from Malaysia, Indonesia, and New Zealand. During the same period, Saudi Arabia exported 480,000 tons of methanol to China, accounting for 13% of the total imported methanol in China; and Iran and Oman exported methanol to China by 148.9% and 27.3% respectively year-on-year. From January to September, only Saudi Arabia, Iran, and Oman exported more than 2.49 million tons of methanol to China, accounting for 66% of the total imported methanol.
“Obviously, Saudi Arabia, Iran, and Oman are the three major countries that dumped methanol to China. They did not implement anti-dumping investigations on the above three countries and ruled that Malaysia, Indonesia, and New Zealand have very low dumping margins for methanol. The results of the preliminary ruling will not only be difficult to effectively protect China's methanol and related industries, but also allow Middle East countries such as Saudi Arabia to increase the dumping of methanol in China, which will cause incalculable damage to China's methanol and related industries.” Shaanxi Suihua Li Shaochun, deputy head of the Group's marketing and marketing department, told reporters without fear.
According to Xiao Xiaogui, director of the China Nitrogen Fertilizer Industry Association, the impact of imported methanol dumping has caused China's methanol companies to suffer a total loss last year. From January to September of this year, the methanol industry still faces a loss of 60.6%. The nitrogen fertilizer industry closely related to the methanol industry is also implicated. The profit margin of industrial assets is only 0.6%. If the final anti-dumping case of methanol maintains preliminary results, it will be difficult to curb the impact of low-priced imported methanol on domestic methanol companies. Saudi Arabia, Iran, and Oman have strong methanol production and export capabilities, and China has always been regarded as the most important export market. If it is not flexible to use WTO rules to restrict its exports, it will seriously affect China's methanol and related industries.
Min Xiaogui is also worried that due to the large number of joint alcohol companies in China, once the methanol industry is impacted, it will also affect the healthy development of China's fertilizer industry, and then affect China's stable supply of chemical fertilizers, agricultural health development and food security.
She hopes that the investigation agency can further verify the relevant materials of the responding company, and in the final ruling, determine and impose an anti-dumping tax according to its actual dumping margin. She also hoped that under the leadership of the Ministry of Commerce, the domestic methanol industry would be negotiated and negotiated with the methanol industry in Middle East countries such as Iran, Saudi Arabia and Oman as soon as possible. Through the establishment of a long-term communication and consultation mechanism, regular exchange of domestic and foreign methanol industry information, strengthen communication and cooperation, and achieve the mutual benefit and win-win of all parties in the methanol industry.

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