BEIJING - China's Ministry of Commerce (MOC) on Tuesday announced its decision to continue to impose anti-dumping duties on hydriodic acid originating in the United States and Japan.

China introduced the duties on Oct 16, 2018 for a period of five years as such imports had caused substantial damage to its domestic industry.

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Following the end of the term last year, the MOC launched investigations to review the anti-dumping at the request of the domestic industry.

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The MOC said in a ruling that if the duties are terminated, the dumping practice and related damage will likely continue or reoccur.

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The duties will be levied for another five years starting Wednesday, with a tax rate of 123.4 percent for US companies and 41.1 percent for Japanese companies.