Pakistan has significantly reduced anti-dumping duties on polyester filament yarns from Indonesia, Korea, Malaysia and Thailand. Lower anti-dumping duties should help textile producers in developing production of polyester filament fabrics in the future. We below publish a table comparing November provisional duties and March definitive duties.
Pakistan substantially reduced anti-dumping duties that were last November imposed on imports of polyester filament yarns from Indonesia, South Korea, Malaysia and Thailand.
Final duties that were released at the end of last week for a five-year period are significantly below provisional duties of the end of last year.
Hualon-Malaysia and Saehan
A few companies were excluded from anti-dumping duties after being sanctioned in November, in addition (see our table below).
Hualon-Malaysia was for instance exempted although a provisional duty of 14.80 percent had been imposed in November.
If duties on two other Malaysian exporters were not really changed, all other producers from the same country benefited from a reduction from 14.80 percent down to 3.67 percent.
Duties apply on HS numbers 5402.3300 (textured yarns of polyester) and 5402.4300 (single, untwisted polyester filament yarns or with a twist of <= 50 turns per metre).
Korea's Saehan was exempted such as Tongkook while other producers benefited from a 2 percent reduction down to 6.92 percent.
Dumping-duty on products from Hyosung however stayed at 29.07 percent.
No reduction for Thai exporters
Duties were also significantly lowered for Indonesian producers but Thai exporters will support the same rates than already applied in November.
An application had last year been lodged by Pakistan Filament Yarn Manufacturers Association, in Karachi.
Pakistani production would not exceed 105,000 metric tons per year. Some Pakistani textile producers currently try developing polyester products in a cotton-dominated industry.
