Government Imposes Anti-Dumping Duties on PET Imports from China and Indonesia
The Malaysian government has taken steps to protect its domestic industry by imposing provisional anti-dumping duties on imports of polyethylene terephthalate (PET) originating or exported from China and Indonesia. The move is aimed at preventing a negative impact on the domestic industry, which has been affected by the importation of PET at lower prices than those in the domestic markets of China and Indonesia.
Background of the Investigation
On August 9, 2024, the government initiated an investigation into the importation of PET from China and Indonesia, following a petition by Recron (M) Sdn Bhd on behalf of the domestic industry. The petitioner claimed that PET imports from these countries are being sold in Malaysia at prices lower than the selling price in their domestic markets, causing a negative impact on the domestic industry.
Preliminary Determination
After conducting a preliminary investigation, the government found sufficient evidence to continue further investigation into the importation of PET from China and Indonesia. As a result, the government has decided to impose provisional anti-dumping duties on imports of PET originating or exported from these countries.
Anti-Dumping Duties
The provisional anti-dumping duties will be applied to imports of merchandise from China and Indonesia and will be effective for a period of no more than 120 days, beginning today. The duties will range from 6.33% to 37.44% of the import value, depending on the country of origin and the type of PET product.
Rationale for the Decision
The government has imposed the anti-dumping duties to prevent a negative impact on the domestic industry, which has been affected by the importation of PET at lower prices than those in the domestic markets of China and Indonesia. The duties will help to level the playing field and ensure that domestic producers can compete fairly with imports.
Conclusion
The government’s decision to impose anti-dumping duties on PET imports from China and Indonesia is aimed at protecting the domestic industry and preventing a negative impact on the economy. The move is in line with the government’s commitment to promoting fair trade and ensuring that domestic producers can compete fairly with imports.
Frequently Asked Questions
Q: What is the purpose of the anti-dumping duties?
A: The anti-dumping duties are designed to prevent a negative impact on the domestic industry and to ensure that domestic producers can compete fairly with imports.
Q: Which countries are affected by the anti-dumping duties?
A: The anti-dumping duties will be applied to imports of PET from China and Indonesia.
Q: What is the duration of the anti-dumping duties?
A: The anti-dumping duties will be effective for a period of no more than 120 days, beginning today.
Q: What is the range of anti-dumping duties?
A: The anti-dumping duties will range from 6.33% to 37.44% of the import value, depending on the country of origin and the type of PET product.