Brazil to revisit Chinese glyphosate duty
The Brazilian government is re-evaluating the duty it charges on Chinese imports of the herbicide, glyphosate, on anti-dumping grounds. The Ministry of Development’s department of trade defence, Decom, has called for it to be raised from 2.9% to 20%, the business newspaper, Valor Economico, reports. Brazil slashed the duty in two moves last year from 35.8% to 2.9% ( Agrow No 548, p 17). The recommendation will be considered among Ministries within the next month, before a decision from the chamber of foreign commerce, the Camex. Brazilian glyphosate imports from China became 50% more expensive than national supplies early last year ( Agrow No 540, p 19), before prices of the Chinese product fell heavily later in the year ( Agrow No 553, pp 7-8). The Brazilian generic agrochemical industry association, the AENDA, details price comparisons with Argentina to back its denial of any dumping from Chinese imports.