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USITC to continue investigations on PSF imports
16
Aug '17
The US International Trade Commission (USITC) has determined that there is a reasonable indication that a US industry is materially injured by imports of low melt polyester staple fibre (PSF) from Korea and Taiwan that are allegedly sold in the US at less than fair value. The department of commerce will continue to conduct antidumping duty investigations.

The preliminary antidumping duty determinations of the department of commerce are due on or about December 4, 2017.

The probe was conducted as a result of the allegations made by Nan Ya Plastics Corp, America, a subsidiary of Taiwan’s Nan Ya Plastics Corp, back in June. The probe is not likely to affect the parent company, however, it will have adverse effects on other Taiwanese firms, if they are found guilty, said Taiwanese media reports.

The final rulings on the dumping allegations are likely to be issued by the department of commerce in February and April, next year.

Fine denier PSF, the product covered by the petition is a synthetic staple fibre of polyesters measuring less than 3.3 decitex (3 denier) in diameter. It is generally cut in lengths of less than five inches (127 mm) and is similar in appearance to cotton or wool. It is typically converted either to yarn for weaving or knitting into fabric or to a non-woven textile prior to the end-use application. Woven applications include the production of textiles such as clothing and bedding linens. Non-woven applications include the production of household and hygiene products such as cleaning wipes, baby wipes and diapers. (KD)

Fibre2Fashion News Desk – India


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