The International Trade Administration Commission of South Africa (Itac) has recommended a revised antidumping duty increase to 43.77% on polyethylene terephthalate (PET) imported from China.
Polymer producer and marketer Safripol made an application to Itac for a sunset review of PET imported from China, alleging that the expiry of the antidumping duties of the subject product will likely lead to the recurrence and or continuation of dumping and material injury to the Southern African Customs Union (Sacu) industry.
Itac’s findings are that the domestic industry continues to suffer material injury even with the existing antidumping duties in place.
Despite the existing antidumping duty, imports from China (alleged dumped imports) surged by 186.08% from 2022 to 2023, with the overall increase over the period of investigation still standing at 25.96%, Itac points out.
The commission also found that the expiry of these antidumping duties on PET would likely lead to the continuation of dumping and the continuation of material injury to the Sacu industry.
