Dumping duties imposed on imports of Polyester Filament Yarn
14 Nov '05
4 min read
The National Tariff Commission (NTC) announced provisional anti-dumping duties on imports of polyester filament yarn (PFY) into Pakistan originating in or exported from Indonesia, Korea, Malaysia and Thailand.
The NTC launched the investigation on May 12, 2005 on dumping of PFY following an application registered by Merchant Association, Karachi, on behalf of the local industry manufacturing PFY, under the Anti-Dumping Duties Ordinance, 2000.
According to an official declaration, the applicant identified 38 exporters/producers from Indonesia, Korea, Malaysia and Thailand involved in dumping PFY and appealed that an anti-dumping duty might be imposed on all imports of PFY from the said countries.
Because of large number of exporters/producers, the NTC turned to sampling and selected 13 exporters/producers to be inspected in this case.
The NTC imposed provisional anti-dumping duties (equal to the amount of provisional dumping margin established) on dumped imports of PFY for a period of four months implementing from November 12, 2005.
As per the details, the duties imposed on the selected 13 importers of the four countries were: Indonesia PTSK Keris 4.19 per cent; PT Indorama, 0.00 per cent; PT PanAsia 27.78 per cent; PT Sulindafin, 12 per cent; and all others 15.55 per cent.
The exporters of Korea on which anti-dumping duty was imposed: Tongkook Corporation 0.00 per cent; Hyosung Corporation 29.07 per cent; Hualon Corporation 36.56 per cent and all others 8.92 per cent. Malaysia: Hualon Corporation (M) Sdn 14.80 per cent; Global Trade Well 24.84 per cent; Fotex Trading 22.97 per cent; and all others 14.80 per cent. Thailand: Jong Stit Company 0.00 per cent; Tuntex 18.93 per cent; Chiem Patana 29.68 per cent; and all others 18.93 per cent.
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