June 05, 2023 | 14:00 GMT+7

Vietnam found to not be dumping ammonium nitrate products in Australia

Vũ Khuê -

Products not causing any harm on Australian production, anti-dumping commission finds.

The Australian Anti-Dumping Commission (ADC) has preliminarily concluded that Vietnamese exporters have not been dumping ammonium nitrate products in Australia, according to the Vietnamese Ministry of Industry and Trade’s Trade Remedies Authority.

The ADC’s investigation showed that products from Vietnam and Lithuania do not cause harm or threaten to cause harm to ammonium nitrate products or domestic production in Australia.

As a result, it proposed not applying anti-dumping tariffs on ammonium nitrate products from Vietnam and Lithuania.

Ammonium nitrate products from Vietnam and Lithuania account for only 0.2 per cent and 0.8 per cent of the market share in Australia, respectively, according to the ADC.

It initiated an anti-dumping investigation into ammonium nitrate products imported from Chile, Lithuania, and Vietnam in June 2022.

Ammonium nitrate is primarily used in Australia as a raw material in the preparation of explosives used in the mining and construction industries.

Vietnam began exporting ammonium nitrate products to Australia in 2019, with 6,700 tons shipped. It raised the volume to roughly 38,600 tons in 2020 before cutting it down to 16,200 tons in 2021.

Attention
The original article is written and published on VnEconomy in Vietnamese only. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
VnEconomy is not responsible for the translation.

Google translate