South Korea's temporary anti-dumping duty on petroleum resins from China is extended to July 31, 2025

Recently, the Ministry of Strategy and Finance of South Korea issued Announcement No. 2025-110, extending the deadline for temporary anti-dumping duties on petroleum resins from mainland China and Taiwan from June 20, 2025 to July 31, 2025. This case involves products under Korean tax number 3911.10.1000, but C9 petroleum resins with a softening point of not less than 130°C are not subject to the above temporary anti-dumping duties.

Stakeholders should submit comments to the Ministry of Strategy and Finance of South Korea before June 9, 2025.

On August 2, 2024, the Korea Trade Commission initiated an anti-dumping investigation on petroleum resins from mainland China and Taiwan. On December 19, 2024, the Korea Trade Commission made an affirmative preliminary ruling on the case and recommended that the Ministry of Strategy and Finance of South Korea impose temporary anti-dumping duties on the products involved. On February 21, 2025, the Ministry of Strategy and Finance of South Korea issued Announcement No. 2025-5, deciding to impose a four-month temporary anti-dumping duty on petroleum resins originating in mainland China and Taiwan, China from February 21, 2025 to June 20, 2025. The tax rate in mainland China is 4.45% to 7.55%.