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China extends anti-dumping probe on PTA imports

03
Feb '10
The Ministry of Commerce, China has announced that it has extended its anti-dumping probe on PTA imports from South Korea and Thailand by a period of six more months, which was supposed to conclude in February 2010.

The Ministry of Commerce had initiated the investigation earlier in February 2009 and was expected to be completed in a period of 12 months, but has been unable to do so due to the complexity of the probe.

In case of PTA imports from South Korea, MoC the anti-dumping duty varies between 2.4 percent and 11.2 percent, while for PTA shipped from Thailand it hovers between 12.2 percent and 20.1 percent.

Customs data reveals that China imported 5.08 million tons of PTA in 2009, of which 2.18 million tons of PTA originated from South Korea. PTA imports from Thailand totaled to 626,451 tons in the same period.


Click here to view country-wise and company-wise anti-dumping duty.

Fibre2fashion News Desk


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