The entity determined that the importation of this product affects the national industry. Antidumping duties are US$3.55 per kilogram, for a period of 5 years to balance market conditions.
He Indecopi, through the Commission on Dumping, Subsidies and Elimination of Non-Tariff Trade Barriers, imposed antidumping duties final decisions on imports of fabrics 100% polyester plain weaveoriginating from the People’s Republic of China.
Thus, through Resolution No. 006-2023/CDB-Indecopi published today in El Peruano, it imposed antidumping duties of US$3.55 per kilogram on imports of 100% polyester, unbleached, white or one-color dyed, plain weave fabrics, with a width of less than 1.80 meters, with a unit weight between 80 gr/m2 and 200 gr/m2, regardless of the declared use. The products must be made based on discontinuous fibers with a content greater than or equal to 85% by weight. The validity of the norm is for a period of five years from this Tuesday, February 7, 2023.
The legal provision also annuls Resolution No. 190-2022/CDB-INDECOPI that imposed the antidumping duties provisions on the products in question. It also concludes the investigation procedure.
Indecopi points out that this decision has been made because between 2018 and 2021 it was observed that imports of 100% polyester plain ligament fabrics originating in China registered a significant level of undervaluation with respect to the domestic sale price of the national product. . In addition, it was observed that imports of 100% polyester plain ligament fabrics originating in China had the effect of reducing and containing the domestic sales price of the domestic industry (RPN) during most of the analysis period.
In addition, the entity found that the RPN’s market share, in cumulative terms, decreased by 21.3% during the analysis period, a proportion that was absorbed by imports of the product under investigation originating in China. The evaluation of intermediate trends shows a decreasing behavior of this indicator. In the final and most recent part of the analysis period (2021), the market share remained practically stable (positive variation of 0.3 percentage points) compared to 2020.
There was also a reduction in production (63% in accumulated terms), as well as sales (60.1% in accumulated terms), which influenced the employment indicator, which experienced a reduction of 9.7% during the period of analysis. On the other hand, the average salary per worker registered, in cumulative terms, a reduction of 7.5%.
Source: Larepublica
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