The best way to avoid anti-dumping is to make the product irreplaceable
According to incomplete statistics, since the beginning of this year, foreign countries have initiated a total of 8 anti-dumping investigations or anti-dumping review cases against my country’s chemical fiber products. The frequent occurrence of anti-dumping cases not only causes certain troubles to industries and enterprises, but also affects the export pattern of my country’s chemical fiber products to a certain extent. Affected by the imposition of anti-dumping duties, from January to May this year, the volume of PTA exported to the Indian market decreased by 24.64% year-on-year, and the volume of polyester staple fiber exported to Pakistan fell by 40.97% year-on-year.
Relevant experts pointed out that in the future, foreign anti-dumping and countervailing measures against my country’s chemical fiber products may increase. Therefore, how to respond to anti-dumping and countervailing investigations will be an urgent issue that relevant government departments and enterprises in my country must face.
A total of 8 cases involving chemical fiber products
According to incomplete statistics, as of now, the United States, India, Pakistan, Argentina and other countries have launched a total of 8 anti-dumping investigations or anti-dumping review cases against my country’s chemical fiber products. The products involved include polyester polyester staple fiber, polyester polyester filament , PTA, etc.
On January 27 this year, the U.S. Department of Commerce made a final ruling on the anti-dumping administrative review of my country’s polyester polyester staple fiber. Zhaoqing Tianfu New Synthetic Fiber Co., Ltd. failed to fully cooperate with the investigation and did not meet the requirements for a separate tax rate enterprise. The general mainland tax rate of 44.30% was applied. .
On February 3, Pakistan made a final anti-dumping ruling on my country’s polyester staple fiber and decided to impose anti-dumping duties of 2.82% to 11.51% on the products involved imported from my country. The companies involved include Shanghai Hengyi Polyester Fiber Co., Ltd., Jiangyin Huahong Chemical Fiber Co., Ltd., Jiangyin Hailun Chemical Fiber Co., Ltd., etc.
In mid-February, the Anti-dumping Bureau of the Ministry of Commerce and Industry of India issued an announcement, deciding to launch an anti-dumping investigation into elastic monofilaments imported from mainland my country, Taiwan, South Korea and Vietnam. The investigation mainly involves products under Indian Customs tariff numbers 54041100, 54024400, and 54026990. .
In mid-March, Pakistan launched an anti-dumping investigation into my country’s polyester filament yarn. Six companies in Tongxiang City, Zhejiang Province were involved in the case, with the amount amounting to US$37 million.
On March 31, the U.S. International Trade Commission issued an announcement to make a final ruling on the anti-dumping and countervailing industry damage investigation of PET resin originating in my country, Canada, India and Oman. It announced that it would continue to investigate and issue an investigation on PET resin originating in my country and Oman. The final anti-subsidy ruling on the products involved in the case from India and the final anti-dumping ruling on the products involved in the case imported from my country, Canada, India and Oman.
On April 4, the Argentine Ministry of Production issued a resolution in the official gazette, launching a ban on granular PET with an intrinsic viscosity between 0.7dl/g and 0.86dl/g originating in South Korea, mainland my country, Taiwan, India and Thailand. Anti-dumping review.
On May 26, the Indonesian Ministry of Finance decided to continue to impose penalties on synthetic polyester shorts imported from mainland my country, India and Taiwan starting from the 10th working day after it promulgated the taxation regulation No. PMK No.73/PMK.010/2016. Anti-dumping duties will be levied for three years. Among them, the general anti-dumping tax rate in mainland my country is 16.10%, and the anti-dumping tax rate in Taiwan is 28.47%.
On June 9, India made a positive final ruling on the anti-dumping investigation on PTA imported from or originating in mainland my country, Indonesia, Malaysia, Iran and Taiwan, and recommended that my country’s PTA products be levied at US$95.7/metric ton to US$97.6/metric ton. anti-dumping duties.
PTA export volume to India decreased by 24.64%
Since the beginning of this year, affected by India’s final anti-dumping case against my country’s PTA, from January to May, my country’s PTA exports to India totaled 78,600 tons, accounting for 23.5% of total PTA exports, a year-on-year decrease of 24.64%.
On June 9, India made its final anti-dumping ruling on PTA imported from or originating in mainland my country, Indonesia, Malaysia, Iran and Taiwan. The recommended anti-dumping duties are as follows: Products from mainland my country range from US$95.7/metric ton to US$97.6/metric ton. , Indonesia is US$83.08/metric ton to US$168.76/metric ton, Malaysia is US$98.48/metric ton, Iran is US$102.86/metric ton, and Taiwan is US$85.87/metric ton to US$153.6/metric ton.
Data show that since June 19, 2014, the Indian Ministry of Commerce and Industry has launched an anti-dumping investigation into PTA originating in my country, Iran, Indonesia, Malaysia and Taiwan; on November 12, 2015, the Indian Ministry of Commerce and Industry has launched an anti-dumping investigation into PTA. The preliminary ruling was issued and it was recommended to temporarily impose an anti-dumping duty of US$80.13/metric ton on my country.
Although the tax rate in the final ruling issued by India in June was further increased than before, my country is still a country with relatively low anti-dumping tax rates in Asia. Therefore, the biggest competitor of PTA exported to India is still from India.
India is an important export destination country for my country’s PTA. The imposition of anti-dumping duties will inhibit the export of my country’s PTA products to a certain extent. While my country’s PTA export volume to India has declined, PTA export volume to several other major export destination countries has increased to varying degrees. Customs data shows that in 2015, my country’s PTA export volume was 582,300 tons, and India was the largest export destination, with an export volume of 259,600 tons. At present, in addition to India, Oman, Saudi Arabia, Japan, Russia, etc. are still the main export destinations of my country’s PTA. From January to May this year, my country’s PTA exports totaled 334,000 tons, an increase of 101,000 tons compared with the same period last year. our country��Oman’s PTA export volume was 68,900 tons, accounting for 20.6% of the total export volume, a year-on-year increase of 56.60%; my country’s PTA export volume to Saudi Arabia was 39,000 tons, accounting for 11.7% of the total export volume, a year-on-year increase of 86.92% ; my country’s PTA export volume to Japan was 28,400 tons, a year-on-year increase of 52.46%; my country’s PTA export volume to Russia was 25,700 tons, a year-on-year increase of 12.45%.
Improving the added value of products is fundamental
Since 2001, my country’s PTA production capacity has continued to expand, and PTA output has increased year by year, while the growth rate of import volume has shown negative growth, import volume has decreased year by year, and import dependence has declined year after year. Phased and structural overcapacity phenomena have begun to become prominent, and PTA exports The volume began to gradually increase. In 2014, my country’s PTA export volume reached a record high of 463,000 tons; in 2015, it continued to rise, with export volume reaching 623,000 tons.
Since 2015, my country’s PTA export destinations have become more diversified. Except for the United States, my country’s Macau, etc., which originally only exported a little in specific months (such as November and December), the export volume of several countries, mainly Japan, the United Arab Emirates, Pakistan, South Africa, Russia, and Malaysia, increased significantly last year, and they suddenly became my country’s current main export destination. This year, India’s anti-dumping of my country’s PTA products has changed the export pattern of my country’s PTA products to a certain extent. At the same time, some experts said that with the commissioning of some new PTA devices in the Middle East, some major polyester countries closer to China are the next development targets for China’s export market.
Not only my country’s PTA exports have been affected by foreign anti-dumping duties, but also the export volume of other chemical fiber products such as polyester staple fiber to the destination country has also changed under the influence of anti-dumping duties. Since Pakistan decided to impose anti-dumping duties of 2.82% to 11.51% on my country’s polyester staple fiber in February this year, from January to May, Pakistan’s proportion of my country’s total polyester staple fiber exports fell by 40.97% year-on-year. At the same time, some experts said that after Indonesia decided to impose anti-dumping duties on my country’s polyester polyester staple fiber for three years starting from May 26, my country’s exports of polyester polyester staple fiber to Indonesia are expected to decline in the next three years.
When faced with anti-dumping investigations, relevant industry insiders suggest that Chinese companies, governments and industry associations should be proficient in using knowledge about anti-dumping response to deal with it calmly and respond actively. Government departments should guide companies to respond proactively and give full play to the coordinating role of industry associations. Companies involved in the case must work together as a team. This can not only greatly reduce litigation expenses, but also unleash the overall strength. The industry insider also said that for enterprises, the best way to avoid anti-dumping is to produce products with much higher quality than those of other countries’ enterprises and make them irreplaceable. Therefore, enterprises must pay special attention to differentiated product research and development and build products with quality. The path to invincibility.
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