China extends anti-subsidy duties on EU potato starch for 5 years

BEIJING - China's Ministry of Commerce (MOC) has decided to extend anti-subsidy duties levied on potato starch imported from the EU for another five years, starting Saturday.

Potato starch imports from the EU are subject to anti-subsidy duties ranging from 7.5 to 12.4 percent, according to an MOC ruling on Sept 17, 2011.

The latest decision followed a review launched a year ago that found the domestic industry could be harmed if anti-dumping duties were discontinued.

Potato starch is widely used in the food industry. The MOC data showed China's apparent consumption of potato starch rose from 330,000 tons in 2012 to 400,000 tons in 2015.