A petition filed Oct. 28 alleges that polyester textured yarn from Indonesia, Malaysia, Thailand, and Vietnam is being sold at less than fair value in the U.S. market. The alleged average dumping margins are 15.51 percent for Indonesia, 75.13 percent for Malaysia, 56.80 percent for Thailand, and 42.29 percent for Vietnam.
For more information, please contact Kristen Smith at (202) 730-4965.
The product covered by this petition is synthetic multifilament yarn manufactured from polyester (polyethylene terephthalate) through a texturing process that imparts special properties to the filaments of the yarn, including stretch, bulk, strength, moisture absorption, insulation, and the appearance of a natural fiber. all forms of polyester textured yarn are included, regardless of surface texture or appearance, yarn density and thickness (as measured in denier), number of filaments, number of plies, finish (luster), cross-section, color, dye method, texturing method, or packing method (e.g., spindles, tubes, or beams).
The subject yarn is properly classified under HTSUS 5402.33.3000 and 5402.33.6000 and may also be entered under HTSUS 5402.52.00.
The Department of Commerce and the International Trade Commission will next determine whether to launch AD and/or CV 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 Sandler, Travis & Rosenberg as soon as possible.
Copyright © 2023 Sandler, Travis & Rosenberg, P.A.; WorldTrade Interactive, Inc. All rights reserved.