Malaysia plans to impose anti-dumping duties on RI
Malaysia plans to impose anti-dumping duties on RI
KUALA LUMPUR (AFP): Malaysia's international trade and industry ministry said yesterday it would impose provisional anti-dumping duties on self-copy paper imports from the European Union (EU) and Indonesia.
Self-copy paper in rolls and sheets imported from those countries were found to be coming in at "dumped" prices and had caused material injury to the domestic market, the ministry said in a statement.
The measure shall be effective for up to 120 days from the date the government gazettes the affirmation preliminary determination of the investigation, the ministry said.
The decision followed a petition by two Malaysian companies, Gamuda Paper Industries Sdn Bhd and Ann Bee (M) Sdn Bhd, alleging the imports of self-copy paper from the EU and Indonesia were being sold at below market prices.
This has resulted in a loss of the domestic industry's market share, price depression, lowering of prices to compete with the imported products and price suppression, they claimed.
The six firms affected by the duties were British-based Arjo Wiggins Carbonless Papers Int Ltd., Germany's Stora Carbonless Paper GmBH, Torraspapel SA and Indonesian-based Copyright SA from Spain and PT Parisindo Pratama and PT Toyolamo.
Anti-dumping duties of between nine and 39 percent would be imposed on the companies concerned, the ministry said.
The ministry exempted two other companies -- Papeteries Mougeot of France and PT Pabrik Kertas Tjiwi Kimia of Indonesia -- from the duty.
The two firms, it said, were found not to be involved in dumping their products on the Malaysian market.
"The government, however, will continue the investigation on these companies until a verification is made on all the information supplied by them," the ministry said.