The US International Trade Commission is to begin preliminary investigations into whether polyester textured yarn imports from Indonesia, Malaysia, Thailand and Vietnam are being sold at less than fair value in the US.
A petition was filed with the ITC on 28 October by Nan Ya Plastics Corp and Unifi Manufacturing.
According to international trade law firm Sander, Travis and Rosenberg, the petitioners allege the average dumping margins are 15.51% for Indonesia, 75.13% for Malaysia, 56.80% for Thailand, and 42.29% for Vietnam.
The product covered by this petition is synthetic multifilament yarn manufactured from polyester (polyethene terephthalate) through a texturing process that imparts special properties to the filaments of the yarn, including stretch, bulk, strength, moisture absorption, insulation, and the appearance of natural fibre.
All forms of polyester textured yarn are included, regardless of surface texture or appearance, yarn density and thickness (as measured in denier), number of filaments, number of plies, finish (lustre), cross-section, colour, dye method, texturing method, or packing method (spindles, tubes or beams).
The Department of Commerce and the International Trade Commission will next determine whether to launch anti-dumping and or countervailing duty and injury investigations, respectively, on this product.
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By GlobalDataAt the end of last year, the US moved to issue antidumping and countervailing duty orders on imports of polyester textured yarn from China and India after reaching a unanimous decision that they are being subsidised and sold at less than fair value. Once again the investigations were launched in response to petitions filed by Unifi and Nan Ya.
