Review of the incident: “ The U.S. Department of Commerce launched the anti-dumping investigation on June 21 this year; on December 19, 2017, the U.S. Department of Commerce announced an investigation into imports from China, India, South Korea and Taiwan. Preliminary anti-dumping results for fine-denier polyester staple fiber. It was determined that polyester staple fiber products imported from mainland China, Taiwan, India, and South Korea were dumped. Among them, the dumping margin of mainland China products ranged from 63.26% to 181.46%, and the dumping margin of Taiwan products The range is 0% to 48.86%.”
Event development:It is understood that in response to complaints from three American companies, the U.S. Department of Commerce issued a Launch a “double-reverse” investigation on polyester staple fiber products imported from the above-mentioned countries and regions. Previously, the U.S. International Trade Commission also made a preliminary ruling in July, determining that polyester staple fiber products imported from mainland China, Taiwan, India, and South Korea caused substantial damage to related U.S. industries. This time, two of the Chinese compulsory respondent companies, Jiangyin Hailun Chemical Fiber Co., Ltd. and Jiangyin Huahong Chemical Fiber Co., Ltd., have dumping margins of 181.46% and 63.26% respectively. The dumping margin of 122.36% applies to companies that have obtained separate tax rates, and the dumping margin of 122.36% applies to other Chinese companies. The national unified dumping margin is 181.46%. Since the filing of the case, 2 companies have been organized to participate in the response, and 3 companies have participated in the industry’s collective non-injury defense; the damage defense lawyers will submit damage defense opinions in the near future and attend the hearing in January.
According to a statement from the U.S. Department of Commerce on the 19th, after preliminary rulings on dumping of polyester staple fiber products imported from China, Taiwan, India, and South Korea, the U.S. Department of Commerce will Notify U.S. Customs to impose corresponding deposits on the above products. In accordance with relevant U.S. procedures, the U.S. Department of Commerce and the International Trade Commission will make final rulings on the above-mentioned investigations in May and June 2018 respectively. If both agencies make affirmative final determinations, the U.S. Department of Commerce will require Customs to impose corresponding tariffs on related products.
This is just one of the cases of polyester anti-dumping. In recent years, polyester anti-dumping incidents have emerged one after another. Polyester staple fiber products have been filed by many countries and regions around the world, including the European Union. , Pakistan, etc., which have a greater impact on the industry’s exports.
For example, on February 2, 2017, India launched an investigation into polyester staple fiber (Non-dyed Polyester Staple Fibre) imported from China, , and China, involving Indian Customs 55032000 For products under tax codes, the investigation period is from April 2015 to September 2016.
In fact, as early as 2006, the U.S. Department of Commerce had begun an anti-dumping investigation into China’s polyester staple fiber. At that time, the anti-dumping tax rates ranged from 3.47% to 44.30%, with high-end rates ranging from 3.47% to 44.30%. The tax rate imposed by the responding company was equivalent to a complete loss of the U.S. market, but at that time it was mainly targeting coarse-denier polyester staple fiber, while this time it is mainly targeting fine-denier polyester staple fiber.
Since 2013, my country’s polyester staple fiber exports have grown relatively quickly Fast, especially in 2016, the year-on-year growth rate reached 6.73%, once again setting a new historical high. Exports also increased in 2017. According to customs statistics, from January to October 2017, polyester fiber staple fiber imports were 123,500 tons, with an import unit price of US$1,440.71/ton; exports were 853,700 tons, with an export unit price of US$1,013.35/ton.
China’s Ministry of Commerce has repeatedly expressed the hope that the U.S. government will abide by its commitment to oppose trade protectionism and jointly safeguard freedom, An open and fair international trade environment and a more rational approach to properly handle trade frictions. However, according to our understanding, the United States has a tougher attitude towards the anti-dumping investigation of polyester staple fiber this time, and the actual results may not be too optimistic. In the face of trade disputes, polyester staple fiber companies should still make early arrangements and respond appropriately.
The impact of the anti-dumping incident on the polyester market is not immediate, but the imposition of anti-dumping duties and anti-dumping sanctions on my country’s textiles will inevitably put a certain amount of pressure on the export of the textile industry. of. In the future, more forms and deeper trade frictions will still be unavoidable; only by improving one’s product capabilities, differentiated processes, and innovation levels through such events can value be enhanced. </p
