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Industry News | Time:Nov 3 2017 9:16AM
U.S. Announces Affirmative Preliminary Countervailing Ruling on Fine Denier Polyester Staple Fiber from China and India
 
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On Oct 31, U.S. Secretary of Commerce Wilbur Ross announced the affirmative preliminary determinations in the countervailing duty (CVD) investigations, finding that exporters of fine denier polyester staple fiber from the People’s Republic of China (China) and India received countervailable subsidies of 41.73 to 47.64 percent and 7.18 to 9.86 percent, respectively with 41.73% for Jiangyin Hailun Chemical Fiber Co. Ltd., 47.64% for Jiangyin Huahong Chemical Fiber Co. Ltd. and 44.69% for all other Chinese exporters; while 7.18% for Bombay Dyeing & Mfg. Co. Ltd., 9.86% for Reliance Industries Limited and 9.37% for all other Indian exporters.

On May 31, DAK Americas LLC; Nan Ya Plastics Corporation, America; and Auriga Polymers Inc. filed antidumping (AD) and countervailing (CVD) petitions on China fine denier polyester staple fiber. US Department of Commerce announced on Jun 21 to impose antidumping (AD) investigation on PSF from China and India, South Korea and Vietnam, and to levy countervailing (CVD) petitions on PSF from China and India. On Jul 14, United States International Trade Commission (USITC) announced preliminary ruling on anti-dumping(AD) investigation over fine denier PSF from China and India, South Korea and Vietnam and countervailing(CVD)investigation over fine denier PSF from China and India. The commission decided that these enterprises do harm or threaten relevant US market. In 2016, imports of fine denier polyester staple fiber from China and India were valued at an estimated $79.4 million, $14.8 million, respectively.

The subject to this proceeding is synthetic staple fibers, not carded, combed or otherwise processed for spinning, nonwoven and other uses, of polyesters measuring less than 3.3 decitex (3 denier) in diameter. (classified at HTSUS 5503.20.0025) and is excluded from the scope: (1) PSF equal to or greater than 3.3 decitex (more than 3 denier, inclusive) (classified at 5503.20.0045 and 5503.20.0065) (2) low-melt PSF defined as a bi-component fiber with an outer, nonpolyester sheath that melts at a significantly lower temperature than its inner polyester core (classified at HTSUS 5503.20.0015).

The Commerce is scheduled to making its final ruling around Jan 17, 2018.
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