my country has implemented temporary anti-dumping on acrylic fiber produced in South Korea, Turkey and the other three countries
On April 1, the Ministry of Commerce issued an announcement announcing the preliminary ruling on the anti-dumping investigation into imported acrylic fibers originating from Japan, South Korea and Turkey. In the preliminary ruling announcement, the Ministry of Commerce determined that the imported products involved in the case originating from Japan, South Korea and Turkey were dumped. For this reason, the Ministry of Commerce decided to implement temporary anti-dumping measures in the form of deposits. Since April 2, 2016, import operators have When importing acrylic fibers originating from Japan, South Korea and Turkey, corresponding deposits should be provided to Chinese Customs based on the dumping margin of each company determined by the preliminary ruling.
Acrylic fiber is a synthetic fiber made of a copolymer with acrylonitrile as the main monomer. It is usually white in appearance, curly, fluffy, and soft to the touch. It resembles wool and has higher warmth retention than wool. It is also known as “synthetic wool” It is one of the main raw materials for the artificial fur industry.
According to reports, 70% of the raw materials currently used for artificial fur are produced in Japan. Japanese companies such as Ixlan Industries Co., Ltd. and Mitsubishi Rayon Co., Ltd. have almost monopolized the global supply of raw materials for artificial fur. Industry insiders analyze that the implementation of temporary anti-dumping measures against domestically produced acrylic fibers from Japan, South Korea, Turkey, and Japan will have a significant impact on the development of the domestic artificial fur industry.
Ningbo Weiyi Plush Co., Ltd. is the national artificial fur product development base and is also the secretariat unit of the Artificial Fur Professional Committee of the China Wool Textile Industry Association. Among the companies whose deposits were collected this time, Japan’s Ixlan Industrial Co., Ltd. and Mitsubishi Rayon Co., Ltd. are the main raw material suppliers of Weiyi Company.
“The acrylic fiber raw materials used by the company mainly come from Toyobo and Mitsubishi Rayon, accounting for 80% of all raw materials. This deposit collection has a great impact on us.” Yu Wanjun, chairman of Ningbo Weiyi, said.
The Toyobo mentioned by Yu Wanjun is the acrylic brand of Japan’s Ixlan Industrial Co., Ltd., which is also one of the main raw materials for domestic artificial fur companies. During this anti-dumping period, companies that import Japanese Ixlan acrylic will A margin of 17.8% is charged. Yu Wanjun said that Weiyi imports 18,000 tons of acrylic fiber every year. After the implementation of temporary anti-dumping measures, it had to give up some orders this year, and the import volume is expected to drop to 15,000 tons. “After the deposit is collected, an extra 4,000 yuan per ton will be required, which will invisibly increase the cost by 60 million yuan, and the international competitiveness of the company will also be invisibly weakened.”
Yu Wanjun believes that after the deposit is levied, part of the increased costs in the artificial fur industry will have to be passed on to the downstream, but the downstream cannot bear all of it, and companies have to reduce profits to maintain their competitiveness. “The imposition of deposits is not scary for the industry. What is scary is that downstream enterprises such as artificial fur clothing and home textiles will gradually move abroad, and the competitiveness of the domestic artificial fur industry may be weakened.”
Rong Yi, a member of the Artificial Fur Professional Committee of the China Wool Textile Industry Association, works for a company specializing in the trade of plush raw materials. He predicts that the domestic plush market may undergo major changes in the second half of this year. Rong Yi said: “The 17.8% deposit has a greater impact on domestic artificial fur companies.” He explained that substitutes can be found for the acrylic fibers of Mitsubishi Rayon Co., Ltd. and Taekwang Industrial Co., Ltd. of South Korea, but only Toyobo’s acrylic fibers It is currently irreplaceable.
Yu Wanjun said that the more difficult the market is, the more it must rely on increasing innovation. Under the current circumstances, the industry should cooperate closely to increase information exchange on technology, products, and markets, and jointly Overcome difficulties.
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