USA Department of Commerce reported on their preliminary results in its countervailing duty investigation of coated paper from China and Indonesia. They announced a preliminary duty of 12.83% on products from China, and 17.48% on products from Indonesia. Asia Pulp & Paper (APP), a major exporter of coated paper from China and Indonesia to the USA, expressed disappointment with the initial findings.
Department of Commerce’s final ruling is expected to be released in September along with the final ruling on anti-dumping. The last phase of this investigation will occur in October or early November, when the USA International Trade Commission will determine if the domestic paper industry has been harmed.
USA Printers share in the foreign producers disappointment on this ruling. Their coated paper costs will surely increase in a challenging market.
Subscribe to:
Post Comments (Atom)
4 comments:
Many institutions limit access to their online information. Making this information available will be an asset to all.
yes, thank you for your timely information. We conduct research for various industries and use this information often when we look to talk about the pulp, paper and packaging industries with our clients.
More on the anti dumping -
The Dept. of Commerce made a preliminary decision that coated paper imports from China and Indonesia were subsidized by on average 8.38%. The DOC immediately imposed tariffs to offset the unfair advantage, ruling that rates for Chinese APP producers be 12.83%, Sun Paper 3.92%, and Indonesian companies, including APP/Sinar Mas 17.48
Always enjoy reading your pieces
Post a Comment