Final Determination on Xanthan Gum Dumping Duties Enhances Competitive Advantage for Fufeng (HKG:0546)
The world's largest monosodium glutamate ("MSG") and xanthan gum producer, Fufeng Group Limited ("Fufeng" or the "Company", together with its subsidiaries, the "Group") (HKG:0546), recently received a notice from the U.S. Department of Commerce on the final determination on xanthan gum anti-dumping duties. The Company is the only Chinese enterprise paying the lowest duty of 12.9%.