[fullwidth background_color=”” background_image=”” background_parallax=”none” enable_mobile=”no” parallax_speed=”0.3″ background_repeat=”no-repeat” background_position=”left top” video_url=”” video_aspect_ratio=”16:9″ video_webm=”” video_mp4=”” video_ogv=”” video_preview_image=”” overlay_color=”” overlay_opacity=”0.5″ video_mute=”yes” video_loop=”yes” fade=”no” border_size=”0px” border_color=”” border_style=”” padding_top=”20″ padding_bottom=”20″ padding_left=”” padding_right=”” hundred_percent=”no” equal_height_columns=”no” hide_on_mobile=”no” menu_anchor=”” class=”” id=””][fusion_text]Hosaf, a division of PG Bison, requested ITAC to initiate a sunset review investigation on polyethylene terephthalate (PET) from India, South Korea and Chinese Taipei (commonly known as Taiwan), imported under tariff code 3907.60.9. If successful, this request will result in the anti-dumping duties being extended by 5 more years. It is not yet clear what the requested tariff position is from the local industry but the previous anti-dumping duties that were put in place in 2006 and 2011 were 75% for Taiwan, 19.7% for South Korea and 54.1% for India. Interested parties (Importers, consumers and exporters) have until 29 February to respond. In the previous sunset review, no exporters lodged responses to the allegations and the anti-dumping duties were simply reinstated by ITAC. The only way to see the anti-dumping duties removed or reduced would be to responding completely while the response window is open.

A bit of history

This case is a rather peculiar one. The initial anti-dumping case was brought against China, Taiwan, Indonesia, India, South Korea and Thailand. It was concluded in 2006, but ITAC only imposed anti-dumping duties on Taiwan, India and Korea. China, Indonesia and Thailand were excluded because the alleged dumped imports from these countries was so small. Ironically and perhaps predictably, almost all the trade has shifted to China, with China now accounting for 77% – 87% of all PET imports classified under tariff code 3907.60.9. Alleged dumped imports from Taiwan, Korea and Taiwan are negligible and at times non-existent as in the case of India for 2015. This creates a compelling case to have these countries exempted from the duties, but to do this, exporters in those countries need to cooperate.

XA can help

If you are impacted by this anti-dumping duty, or simply wish to know more, please contact XA.[/fusion_text][/fullwidth]