Polyester bottles and chips: the EU anti-dumping levy on China's impact of the basic digestion, late attention to RPET can be drawn off
At the beginning of April 2024, the European Commission issued a notice, on March 27, made a final anti-dumping ruling on polyethylene terephthalate (Polyethylene Terephthalate/PET) originating from China, and ruled that anti-dumping duties ranging from 6.6% to 24.2% should be levied on the products in question, and the rates of duties are detailed in the attached table. The product in question is polyethylene terephthalate (PET) with viscosity greater than or equal to 78 ml/g. The EU CN (Combined Nomenclature) code for the product in question is 3907 61 00 (TARIC code 3907 61 00 10). In fact the duty rates in this release were largely reflected in the preliminary ruling announcement on November 28, 2023, i.e., 6.6% for Sanfangxiang, 10.7% for Wankai, 17.2% for CRC, and 11.1%-24.2% for the others (see the final schedule for the specific duty rates).
2024-04-15 | Industry News