PTFE Resin from China and India Subject of New AD Petition
A petition filed Sept. 28 alleges that polytetrafluoroethylene resin from China and India is being sold at less than fair value in the U.S. market. The petition alleges dumping margins of 23.4 percent to 408.9 percent for China and 15.8 percent to 128.1 percent for India.
The petition covers PTFE resin whether granular, dispersion, or coagulated dispersion (also known as fine powder); whether filled or unfilled; whether or not modified; and whether or not containing co-polymer additives, pigments, or other materials. Also included is PTFE wet raw polymer. PTFE resin is classified under HTSUS 3904.61.0010 and 3904.61.0090 but may also be classified under HTSUS 3904.69.
The Department of Commerce and the International Trade Commission will next determine whether to launch AD duty and injury investigations, respectively, on this product. There are strict statutory deadlines associated with these proceedings, so affected companies that wish to protect their interests should contact trade counsel as soon as possible.