Vietnam makes final anti-dumping ruling on polyester yarn originating from China, India, Indonesia and Malaysia – ChinaTexnet.com
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Vietnam makes final anti-dumping ruling on polyester yarn originating from China, India, Indonesia and Malaysia

2021-10-20 08:30:01 CCFGroup

On October 13, 2021, the Ministry of Industry and Trade of Vietnam issued Resolution 2302/QD-BCT, which made a final anti-dumping ruling on polyester filament yarns imported from China, India, Indonesia and Malaysia, and formally imposed anti-dumping duties on the products involved in the above-mentioned countries. The tax rate on the products involved in China is 3.36%-17.45%, 54.90% for products from India, 21.94% for products from Indonesia and 21.45% for products from Malaysia. This case involves products under Vietnam tax No. 5402.33.00, 5402.46.00 and 5402.47.00. The measures will take effect from the 3rd day of the announcement.

On April 6, 2020, in response to applications from Vietnamese domestic enterprises, the Ministry of Industry and Trade of Vietnam issued an anti-dumping case announcement and decided to formally initiate an anti-dumping investigation on polyester filament yarn originating from China, India, Indonesia, and Malaysia, involving products under HS code 5402.33.00, 5402.46.00, 5402.47.00. It was the first time that Vietnam launched anti-dumping investigation on polyester filament yarn from China. On September 1, 2021, the Vietnamese Industry and Trade Department decided to levy provisional anti-dumping duties on polyester yarn originating from China, India, Indonesia and Malaysia. The dumping tax rate for Indian yarn is at 54.9%, at 21.94% for those from Indonesia, at 21.23% for those from Malaysia and at 3.36-17.45% for those from China.

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