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The influence of Anti-dumping Tariff on Quartz Industry in China

Feb 28, 2019

The United States is the largest exporter of stone in China, with a total value of US $1.3 billion in 2017, equivalent to 1 million (20%) of China's exports of stone, of which 330000 tons and 709 million US dollars were exported from artificial stone . It is equivalent to 54% of the stone imported from China by the United States.

 

Quartz stone belongs to artificial stone. This time the anti-dumping and countervailing investigation by the United States against the export of Chinese Quartz Stone  platform (veneer) panels, together with the continuing escalation of the trade war, It means that our domestic quartz production enterprises will face a huge export crisis.

 

(1) the high level of anti-dumping duties will raise the price of quartz products and will seriouslyweaken the competitiveness of domestic stone production and export enterprises, especially those with artificial stone production as the main business. Led to a sharp contraction in the quartz market for exports to the United States.

 

(2) as a result of the reduction in the export market of stone to the United States, the export products of some stone enterprises have to turn back to the domestic market and seize the market with the original domestic products, which is bound to cause the imbalance between supply and demand in the market and the decline in prices. So that the product backlog, resulting in overcapacity, a large number of factories were forced to stop production, thereby seriously affecting the normal development of domestic stone industry structure.

 

(3) the anti-dumping has certain chain effect, the anti-dumping countervailing of the United States may lead other countries to take similar measures, so as to further crack down on the domestic stone market.

 

(4) hard work for decades, one night back to liberation! Anti-dumping will cause some domestic foreign trade enterprises to gradually lose the original business customers, and want to re-enter the lost market will be very difficult; In order to avoid the excess cost caused by anti-dumping duties, some enterprises may make the low price and inferior quality appear in the export market of Chinese stone, and bring a series of vicious competition events.