Global Trade Alert

On April 23, 2012, the Argentinian Ministry of Economy and Public Finance decided to initiate an anti-dumping investigation on imports of polyethylene terephthalate in granules (intrinsic viscosity equal to or above 0.7 dl/g but less than or equal to 0.86 dl/g) from China, Chinese Taipei, India, South Korea and Thailand (Resolution 39/2012, 23.04.2012).
The product subject to investigation is classified under the following HS code: 3907.6000.
The complaint was lodged by Dak Americas Argentina S.A. The investigation started on the day following the publication of the resolution in the Official Journal of the Argentinian Republic, i.e. on April 26, 2012.On August 14, 2013, the Argentinian Ministry of Economy and Public Finance decided to continue the investigation without imposing a provisional anti-dumping duty (Resolution 134/2013, 14.08.2013).

On August 14, 2013, the Argentinian Ministry of Economy and Public Finance decided to continue the investigation without imposing a provisional anti-dumping duty (Resolution 134/2013, 14.08.2013).On October 24, 2013, the Argentinian authorities decided to impose a definitive anti-dumping duty on imports of polyethylene terephthalate in granules (intrinsic viscosity equal to or above 0.7 dl/g but less than or equal to 0.86 dl/g) from China, Chinese Taipei, India, South Korea and Thailand (Resolution 691/2013, 24.10.2013).

On October 24, 2013, the Argentinian authorities decided to impose a definitive anti-dumping duty on imports of polyethylene terephthalate in granules (intrinsic viscosity equal to or above 0.7 dl/g but less than or equal to 0.86 dl/g) from China, Chinese Taipei, India, South Korea and Thailand (Resolution 691/2013, 24.10.2013).
The rate of the definitive duty imposed on Korean exports is 8% of the FOB price with the exception of Korean exporting firms KP Chemical Corp. and Lotte International Co. Ltd., whose exports are not subject to the payment of an anti-dumping duty. The rate of the definitive duty imposed on Thai exports is 8% of the FOB price. The rate of the definitive duty imposed on Indian exports is 8% of the FOB price with the exception of Indian exporting firm Dhunseri Petrochem & Tea Ltd., whose exports are subject to the payment of an anti-dumping duty of 3.35% of the FOB price. The rate of the definitive duty imposed on Chinese exports is 8% of the FOB price. The rate of the definitive duty imposed on Taiwanese exports is 8% of the FOB price. This definitive anti-dumping duty entered into force on the day of the signature of the resolution, i.e. on October 24, 2013, and is applicable for a period of five years.
 
On 4 April 2016, the Argentinian authorities initiated a review into the alleged changed circumstances of the anti-dumping duties applied through Resolution 691/2013 in relation to the duty of 8% of the FOB price of exports from India, Republic of Korea, Thailand, China and Chinese Taipei (Resolution 86/2016). The complaint was lodged by Dak Americas Argentina S.A. on 12 May 2015.

On 28 September 2017, the Argentinian authorities amended the definitive antidumping duty imposed on imports of the subject good from China, Chinese Taipei, India, the Republic of Korea and Thailand. The rate of duty on imports from the Republic of Korea is ad valorem 17.61% of the FOB value. The rate of duty on imports from China is ad valorem 16% of the FOB value. The rate of duty on imports from Chinese Taipei is ad valorem 15% of the FOB value. The rate of duty on imports from India is ad valorem 12% of the FOB value. The rate of duty on imports from Thailand is ad valorem 9.09% of the FOB value.

On 23 October 2018, the Argentinian authorities initiated a sunset review of the definitive duty imposed on the subject good from India, the Republic of Korea and China. Subsequently, the definitive duty imposed on imports from Chinese Taipei and Thailand was terminated. 

On 22 October 2019, the definitive duty imposed on imports of certain polyethylene terephthalate from India, China and the Republic of Korea was extended for a new period of five years. The rate of duty was maintained at the same level as introduced by Resolution 691/2013.