European Commission imposes provisional AD duty on PET imports from China
by ChemOrbis Editorial Team - content@chemorbis.com
According to market players, the European Commission decided to impose provisional antidumping duties on imports of certain PET grades originating from the People’s Republic of China. The news followed an investigation that started in March this year.
The rate of antidumping duty imposed on import PET will differ based on calculations regarding each producer and the necessary information will be provided to Chinese exporters. The duties will range from 6.6% to 24.2%. The implementation is expected to take effect by late November, according to an industry player.
Meanwhile, industry players expect official AD duties to be implemented by late May 2024.
The rate of antidumping duty imposed on import PET will differ based on calculations regarding each producer and the necessary information will be provided to Chinese exporters. The duties will range from 6.6% to 24.2%. The implementation is expected to take effect by late November, according to an industry player.
Meanwhile, industry players expect official AD duties to be implemented by late May 2024.
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