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.