European Commission reviews ADD on PET imports from China
The anti-dumping duties currently in force started to be imposed by the European Commission Council Regulation as of 2010.
After assessments, the Commission decided that the termination is not against the benefits of the Union and considered that the expiry review process should be terminated.
Players in Asia evaluated the process and shared their comments. A buyer in Thailand confirmed that anti-dumping duties on imports of certain PET from China will expire as of 2017. “We don’t think that this will have a profound effect since the 6.5% of customs duty will continue to be imposed,” he opined.
A source at a Chinese producer commented, “We think that the termination of the expiry review means that the European Union will no longer impose anti dumping duty on imported PET to Europe from China. Still, 6.5% customs duty will remain in place and therefore, it is not likely to influence the market significantly.”
A source from another Chinese producer reported that the European Commission will officially announce the end of the investigation by the first quarter of 2017.
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