Home / Knowledge / News / Textiles / US to impose duty on polyester yarn from China, India

US to impose duty on polyester yarn from China, India

02
May '19
US to impose duty on polyester yarn from China, India

The US department of commerce has announced the affirmative preliminary determinations in the countervailing duty (CVD) investigations of imports of polyester textured yarn from China and India. The investigations found that exporters received countervailable subsidies ranging from 32.04 to 459.98 per cent and 7.09 to 20.45 per cent, respectively.

Based on the preliminary rates, the department of commerce will instruct US Customs and Border Protection to collect cash deposits from importers of polyester textured yarn from China and India.

The investigations were carried out following a petition filed by Unifi Manufacturing, Inc. (Greensboro, NC) and Nan Ya Plastics Corp. America (Lake City, SC).

Polyester textured yarn is synthetic multifilament yarn that is manufactured from polyester (polyethylene terephthalate). It is produced through a texturing process, which imparts special properties to the filaments of the yarn, including stretch, bulk, strength, moisture absorption, insulation, and the appearance of a natural fibre.

The scope of investigations includes all forms of polyester textured yarn, regardless of surface texture or appearance, yarn density and thickness (as measured in denier), number of filaments, number of plies, finish (lustre), cross section, colour, dye method, texturing method, or packing method (such as spindles, tubes, or beams).

Excluded from the scope of the investigations are bulk continuous filament yarn that: (a) is polyester synthetic multifilament yarn; (b) has denier size ranges of 900 and above; (c) has turns per meter of 40 and above; and (d) has a maximum shrinkage of 2.5 percent.

The merchandise subject to these investigations is properly classified under subheadings 5402.33.3000 and 5402.33.6000 of the Harmonized Tariff Schedule of the United States (HTSUS). Although the HTSUS subheadings are provided for convenience and customs purposes, the written description of the merchandise is dispositive.

In 2017, US imports of polyester textured yarn from China and India were valued at an estimated $35 million and $19.6 million, respectively.

The petitioners have requested that the final determinations of the CVD investigations align with the final determinations of the concurrent antidumping duty investigations. Accordingly, the department of commerce is scheduled to announce its final determinations on or about September 10, 2019, unless the statutory deadline is extended.

If commerce department makes affirmative final determinations, and the US International Trade Commission (ITC) makes affirmative final determinations that imports of polyester textured yarn from China and/or India materially injure, or threaten material injury to, the domestic industry, the department will issue CVD orders. If either the department’s or the ITC’s final determinations are negative, no CVD orders will be issued. The ITC is scheduled to make its final injury determinations approximately 45 days after the commerce department issues its final determinations, if affirmative. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

USDA projects 2019-20 cotton stocks lowest in 8 years

Textiles | On 19th Jun 2019

USDA projects 2019-20 cotton stocks lowest in 8 years

The world cotton ending stocks for 2019-20 are projected at 77.3...

Budget allocation for Bangla RMG sector not enough: BGMEA

Textiles | On 19th Jun 2019

Budget allocation for Bangla RMG sector not enough: BGMEA

The readymade garments (RMG) industry in Bangladesh received the...

India-Kyrgyzstan 5-yr road map to raise trade: Modi

Textiles | On 19th Jun 2019

India-Kyrgyzstan 5-yr road map to raise trade: Modi

India and Kyrgyzstan have prepared a five-year road map to raise...

Interviews View All

Top executives, Fashion houses, India

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

Sunil Rathore, Lacoste India

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Shiladitya K Joshi, Truetzschler India Private Limited

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Suresh P Bagrecha,

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Alphonse Reddy,

Alphonse Reddy

Bangalore-based Sunday designs and makes mattresses and accessories that...

Milva Morani,

Milva Morani

Brighi Technologies began in 1970 with trading and repairing sewing...

Larry L Kinn, Suominen Corporation

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mr Hartmann Huth, Trevira GmbH

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Isabel Herranz, European School of Business & innovation

Isabel Herranz
European School of Business & innovation

Cutting-edge ideas like the Internet of Things and artificial intelligence ...

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Ritu Kumar, Label Ritu Kumar

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search