United States antidumping duties PET - Arhive
The United States will not impose anti-dumping duties on imports of PET from five countries United States antidumping duties PET
MOSCOW – The United States will not impose anti-dumping duties on imports of polyethylene terephthalate (PET) from five countries, according to ICIS , citing the decision of the International Trade Commission (ITC).United States antidumping duties PET
According to the decision, import of PET from Brazil, Indonesia, Korea, Pakistan and Taiwan does not cause material damage to the United States.
The ITC regulation followed the decision of the US Department of Commerce in September that PET imports from the above countries were sold in the United States at a price lower than the fair value.United States antidumping duties PET
As a result of the ITC solution, the investigation has ceased, and anti-dumping duties will not be imposed on imports of tar from these countries.United States antidumping duties PET
According to ITC, imports of PET in 2017 from these countries amounted to Brazil (USD152.5 million), Indonesia (USD44.9 million), Korea (USD127.3 million), Pakistan (USD82.6 million) and Taiwan (USD154 million).
The anti-dumping investigation began in the fall of 2017, when American manufacturers DAK Americas, Indorama Ventures, M & G Polymers and Nan Ya Plastics applied to the US government. Indorama did not apply for PET shipments from Indonesia.
The major US PET manufacturers are Indorama, DAK, Nan Ya and Far Eastern New Century (FENC).
According to ScanPlast Company Market Report, in August compared to July, imports of PET to Russia decreased to 12.48 thousand tons.
At the same time, for the period January-August 2018, the import of PET into the country showed an increase of 10%. 108.20 thousand tons of PET were imported to the Russian market, of which 80.12 thousand tons accounted for the import of material for casting preforms, and 21.47 thousand tons for the manufacture of fibers.
Exports of Russian PET in August amounted to 6.55 thousand tons. In January-August, total exports increased by 86% compared with 2017 and amounted to 57.49 thousand tons.
mrcplast.ru
Author: Anna Larionova