India, S. Korea, Taiwan and Saudi suspected of dumping
India, S. Korea, Taiwan and Saudi suspected of dumping
JAKARTA (JP): The Indonesian Synthetic Fiber Makers
Association (APSyFI) said it had found indications of fiber
dumping practices by several countries including India, South
Korea, Taiwan, and Saudi Arabia, a senior executive said on
Wednesday.
The association's secretary-general, Risa Bhinekawati, said
that they are currently conducting investigations into the matter
and that they would file a formal complaint with the Indonesian
Anti-Dumping Committee (KADI) early next year.
"We want everything to be ready first with all the evidence
found and prepared before filing a suit to KADI," she said,
during the launching of APSyFI's website www.fiber-indonesia.com.
According to Risa, under the World Trade Organization's
regulations, an exporting company is liable to undergo an
investigation into dumping if it holds more than three percent of
the import market share in the importing countries.
"So companies from these countries with an import market share
of more than 5 percent are liable to investigation," Risa said.
She said the countries were suspected of dumping polyester
staple fiber (PSF), polyester filament yarn (PFY), and nylon
filament yarn (NFY). All the markets of these fibers are subject
to intense global competition.
Last year, Indonesia imported 64,659 tons of PSF worth US$58
million, 2,316 tons of nylon filament yarn worth $6.9 million,
and 13,700 tons of PFY worth $28.2 million, Risa said.
In the meantime, Indonesian producers have also been the
target of anti-dumping laws in other countries.
The European Union (EU) has imposed an antidumping duty of
20.8 percent on Indonesian drawn textured yarn (DTY) since
September 1996. And in July last year, it imposed between 8.4
percent and 15.8 percent antidumping duty on Indonesian PSF.
Antidumping duties have also been imposed by the Turkish and
Indian government. Turkey imposed in March last year an
antidumping duty of between 6.2 percent and 37.4 percent for PFY,
while India levied in April this year an antidumping duty of
between 32.7 cents and 44.2 cents a kilogram for partially
oriented yarn (POY).
The duties imposed by Turkey is now qualified for review, Risa
said, explaining that the consequence of a review was that the
antidumping duty could be increased, retained, reduced or
revoked.
However, there doesn't seem to be any move by the Indonesian
companies charged with dumping practices to request a review
since they could still allocate their export market to other
countries, she said.
As to the charges imposed by the EU, Indonesia could still
export to the region's re-exporting downstream companies, which
were exempted from antidumping charges, Risa said.
Indonesian PSF exports totaled 44,760 tons worth $35 million
in 2000 compared to 39,228 tons worth $25.9 million the previous
year.
PFY exports totaled 302,540 tons worth $382 million last year,
compared to 220,539 tons worth $254.9 million in 1999, while NFY
exports reached 9,376 tons worth $14.3 million compared to 9,226
tons valued at $19.3 million the previous year.
Indonesia exports to Hong Kong, Thailand, India, Australia,
Bangladesh, Vietnam, Japan, Turkey, the Philippines and the
United States.
She said that the WTO's antidumping law has become a tool for
many countries to restrict imports and the lack of a uniform
antidumping investigation procedure had enabled some countries to
manipulate it to their advantage.
"For example India knows that according to the WTO the accused
party have 30 days to respond to their questionnaire, but their
letter was only received a week before their designated deadline
and they refused to postpone the deadline," Risa said, relating
to India's dumping charges against Indonesian POY.
"We are tired of constantly being accused of dumping
practices. This time it is our turn," she said. (tnt)
JAKARTA (JP): The Indonesian Synthetic Fiber Makers
Association (APSyFI) said it had found indications of fiber
dumping practices by several countries including India, South
Korea, Taiwan, and Saudi Arabia, a senior executive said on
Wednesday.
The association's secretary-general, Risa Bhinekawati, said
that they are currently conducting investigations into the matter
and that they would file a formal complaint with the Indonesian
Anti-Dumping Committee (KADI) early next year.
"We want everything to be ready first with all the evidence
found and prepared before filing a suit to KADI," she said,
during the launching of APSyFI's website www.fiber-indonesia.com.
According to Risa, under the World Trade Organization's
regulations, an exporting company is liable to undergo an
investigation into dumping if it holds more than three percent of
the import market share in the importing countries.
"So companies from these countries with an import market share
of more than 5 percent are liable to investigation," Risa said.
She said the countries were suspected of dumping polyester
staple fiber (PSF), polyester filament yarn (PFY), and nylon
filament yarn (NFY). All the markets of these fibers are subject
to intense global competition.
Last year, Indonesia imported 64,659 tons of PSF worth US$58
million, 2,316 tons of nylon filament yarn worth $6.9 million,
and 13,700 tons of PFY worth $28.2 million, Risa said.
In the meantime, Indonesian producers have also been the
target of anti-dumping laws in other countries.
The European Union (EU) has imposed an antidumping duty of
20.8 percent on Indonesian drawn textured yarn (DTY) since
September 1996. And in July last year, it imposed between 8.4
percent and 15.8 percent antidumping duty on Indonesian PSF.
Antidumping duties have also been imposed by the Turkish and
Indian government. Turkey imposed in March last year an
antidumping duty of between 6.2 percent and 37.4 percent for PFY,
while India levied in April this year an antidumping duty of
between 32.7 cents and 44.2 cents a kilogram for partially
oriented yarn (POY).
The duties imposed by Turkey is now qualified for review, Risa
said, explaining that the consequence of a review was that the
antidumping duty could be increased, retained, reduced or
revoked.
However, there doesn't seem to be any move by the Indonesian
companies charged with dumping practices to request a review
since they could still allocate their export market to other
countries, she said.
As to the charges imposed by the EU, Indonesia could still
export to the region's re-exporting downstream companies, which
were exempted from antidumping charges, Risa said.
Indonesian PSF exports totaled 44,760 tons worth $35 million
in 2000 compared to 39,228 tons worth $25.9 million the previous
year.
PFY exports totaled 302,540 tons worth $382 million last year,
compared to 220,539 tons worth $254.9 million in 1999, while NFY
exports reached 9,376 tons worth $14.3 million compared to 9,226
tons valued at $19.3 million the previous year.
Indonesia exports to Hong Kong, Thailand, India, Australia,
Bangladesh, Vietnam, Japan, Turkey, the Philippines and the
United States.
She said that the WTO's antidumping law has become a tool for
many countries to restrict imports and the lack of a uniform
antidumping investigation procedure had enabled some countries to
manipulate it to their advantage.
"For example India knows that according to the WTO the accused
party have 30 days to respond to their questionnaire, but their
letter was only received a week before their designated deadline
and they refused to postpone the deadline," Risa said, relating
to India's dumping charges against Indonesian POY.
"We are tired of constantly being accused of dumping
practices. This time it is our turn," she said. (tnt)