By Bogdan Servan, Impex Mundi. “The European Union (EU) has decided to maintain anti-dumping duties on oxalic acid imports from India and China. This decision comes after the European Commission concluded that these countries continue to sell oxalic acid in the EU market at unfairly low prices, harming European producers.
To prevent companies from avoiding these duties, the EU has introduced new rules requiring importers to present a valid commercial invoice to customs authorities. This invoice must contain specific information about the origin and manufacturer of the oxalic acid. Failure to provide this information will result in higher duties.
The EU has also warned that if any company significantly increases its exports of oxalic acid to the EU, it could trigger an investigation into possible trade circumvention. This could lead to the removal of individual duty rates and the imposition of a country-wide duty.
The EU’s decision to maintain anti-dumping duties on oxalic acid is intended to protect European producers from unfair competition and ensure a level playing field for all businesses.”