MOSCOW (MRC) -- The Korea Trade Commission has decided to launch an investigation into alleged dumping of polyethylene terephthalate (PET) film imported from Japan, reported Apic-online with reference to Yonhap News Agency.
The investigation is the result of a formal complaint filed by three Korean producers of PET film. The commission said it decided to launch the investigation "after a review of materials submitted by the petitioners yielded a conclusion that their complaint was reasonable."
The commission expects to finish its investigation by February, at which time it will make a preliminary determination on possible anti-dumping measures, with a final decision in May.
As MRC wrote earlier, in October 2013, Malaysia imposed anti-dumping duties on PET imported from Thailand and biaxially-oriented polypropylene (BOPP) from China, Indonesia, Taiwan, Thailand and Vietnam. The duty on PET from Thailand will increase to 49.25% from zero for the period from 21 April 2011 through 20 April 2016. For BOPP imported from China, Taiwan, Thailand and Vietnam, a permanent anti-dumping duty of up to 12.37% will apply from 24 April 2013 to 22 April 2018.