French producer Eurolysine files EU complaint over cheap Chinese feed ingredients

Eurolysine has filed an EU complaint over cheap Chinese feed ingredients. The firm says price cuts have neutralized tariffs and hurt European producers.

Insights:
French amino-acid producer Eurolysine filed a formal complaint with the European Commission on February 11, seeking an anti-absorption investigation into the pricing practices of Chinese exporters. The company argues that exporters from China CNCN have aggressively cut prices for lysine below their own production costs, a move that Eurolysine claims has effectively neutralized existing European Union anti-dumping duties.
European Union flags flutter outside the European Commission headquarters in Brussels, Belgium, on June 20, 2018. REUTERS/Yves Herman/File Photo
European Union flags flutter outside the European Commission headquarters in Brussels, Belgium, on June 20, 2018. REUTERS/Yves Herman/File Photo
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.