Polycarbonate Prices in China

China plays a pivotal role in the global polycarbonate market. As one of the world's largest consumers and producers of polycarbonate, China's market dynamics significantly impact the industry. The country accounts for a major share of global polycarbonate production capacities. Taiwan is also important producer of Polycarbonate with Formosa Chemicals & Fibre Corp., Chimei Corporation and Chilin Technology Co., Ltd. as the major players in the country. Taiwan majorly exports its polycarbonate produce to China and other countries. The polycarbonate market has witnessed many changes in recent years. Recently, China declared its intention to impose anti-dumping tariffs on imports of polycarbonate (PC) originating from Taiwan. Commencing on Tuesday (August 15), China applied provisional anti-dumping duties, with rates reaching as high as 22.4%. Notably, Taiwanese producers will face the following duty rates: 16.9% for Formosa Chemicals & Fibre Corp., 17% for Chimei Corporation, and 22.4% for other Taiwanese firms, as communicated by the Ministry of Commerce of the People's Republic of China.