China's Ministry of Commerce (MOFCOM) on Friday issued its final ruling on the anti-dumping investigation into brandy imports from the EU, concluding that imported brandy from EU involves dumping, the domestic brandy industry is under substantial threat of damage, and there is a causal relationship between the dumping and the substantial threat of damage.
The final dumping margins is determined at 27.7 to 34.9 percent. The anti-dumping duties and the implementation of the accepted price undertakings will be effective for five years starting from July 5, 2025, according to MOFCOM.
MOFCOM also announced that, following a lawful review, it has accepted price undertakings submitted by relevant EU industry associations and companies. Imports that meet the terms of the undertakings will be exempt from anti-dumping duties.
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