US initiates anti-dumping investigation on VN’s polyester

CVD

vietnamnet

The US Department of Commerce (DOC) last week announced the initiation of anti-dumping and countervailing duty investigations on the import of fine denier polyester staple fibre from China, India, Republic of Korea, Taiwan and Vietnam.

US initiates anti-dumping investigation on VN’s polyester, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

Last year, Viet Nam shipped around US$12.4 million of polyester staple fibre to the US, ranking third behind China (US$79.4 million) and India (US$14.7 million).

These investigations are based on petitions filed by DAK Americas LLC; Nan Ya Plastics Corporation, America; and Auriga Polymers on May 31, 2017.

They allege that polyester staple fibre products are being shipped to the United States at prices lower than their normal value. In addition, dumping has caused significant damage to the domestic industry due to price depression.

The scope of these investigations covers fine denier polyester staple fibre, not carded or combed, measuring less than 3.3 decitex in diameter, coded HS: 5503.20.0025.

The alleged dumping margin for…

View original post 122 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s