The US Department of Commerce has announced preliminary anti-dumping duties for imports of fine denier polyester staple fibre from China, India, South Korea, and Taiwan.   

According to its investigations, exporters of fine denier polyester staple fibre from the four countries were found to have sold it at less than fair value. The affirmative preliminary determinations in the anti-dumping investigations were issued on Tuesday (19 December).

As a result, the Commerce Department says it will instruct US Customs and Border Protection to collect cash deposits from importers of fine denier polyester staple fibre from China (52.66% to 170.92%), India (0.66% to 15.66%), Korea (0.00% to 45.23%), and Taiwan (0.00% to 48.86%) based on these preliminary rates.

“The US values its relationships with these nations, but all of our trading partners must play by the rules,” said US Secretary of Commerce Wilbur Ross. “We will continue to review all information related to this preliminary determination while standing up for American businesses and workers.”

In 2016, US imports of fine denier polyester staple fibre from China, India, Korea, and Taiwan were valued at an estimated US$79.4m, $14.7m, $10.6m, and $9.6m, respectively.

The anti-dumping and countervailable duty probe was launched in June in response to a petition filed by three major US synthetic fibre producers: DAK Americas, Nan Ya Plastics Corporation America, and Auriga Polymers Inc.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData