China raises anti-dumping duties on FUJIFILM photographic paper

China's Ministry of Commerce on Wednesday raised anti-dumping duties on imported photographic paper from two companies.

The move comes after a review showed evidence of dumping by the two closely connected firms, according to a statement on the ministry's website.

Effective on Wednesday, FUJIFILM Europe will be levied a duty of 23.5 percent, up from 17.5 percent set in 2012.

FUJIFILM U.S.A. will be imposed a duty of 23.6 percent, compared with 16.2 percent over the past four years.

China started levying duties ranging from 16.2 percent to 28.8 percent on photographic paper from foreign companies including Fujifilm and Kodak in 2012.

(APD)