Jakarta –
Malaysia’s Ministry of Commerce has initiated an import anti-dumping investigation (BMAD) on imports of polyethylene terephthalate (PET) originating from China and Indonesia. This investigation began with a petition from a domestic representative received by the government.
Reporting from Reuters, Sunday (11/8/2024) the Malaysian government received the petition from the representative on July 10. The Petitioner stated that PET imports from China and Indonesia were sold at much cheaper prices than the retail prices in Malaysia.
The applicant also stated that imports of dumped goods from China and Indonesia had increased in total, causing material losses to the applicant.
SEVENTEEN
CHECK TO CONTINUE WITH INDEX
The ministry said that initial decisions would be made within 120 days from the start of the investigation. However, his party did not say when the investigation began.
“If the applicant’s allegations are correct, the government will impose temporary anti-dumping duties at levels necessary to prevent further damage to the domestic industry,” the Ministry of Commerce said.
On the other hand, the ministry also announced an administrative review of anti-dumping import duties on imports of twisted steel wire for precast concrete originating from China.
The Malaysian government has set anti-dumping duties on these goods at around 2.09-21.72%. This rate is valid for five years from December 2021.
Last Friday (9/8), the Ministry also received a review request from a domestic representative. The reason for the review is that the dumping margin for imported goods has changed significantly, according to local anti-dumping regulations.
(that/that)
2024-08-11 12:30:32
#Malaysia #investigates #alleged #plastic #dumping #practices #China #Indonesia