KUALA LUMPUR (Jan 7): The Malaysian government is imposing provisional anti-dumping duties ranging from 6.33% to 37.44% on imports of polyethylene terephthalate (PET), a type of synthetic fibre, originating from China and Indonesia.
The move comes as part of a preliminary determination following a petition filed by Recron (M) Sdn Bhd, a domestic producer, alleging that PET imports from China and Indonesia were being sold at prices below their domestic market value, causing significant harm to Malaysia's local industry.
The Ministry of Investment, Trade, and Industry (Miti), which initiated an investigation in August 2024, said it found sufficient evidence to justify the latest measures.
The provisional duties are effective from Tuesday, Jan 7, and will remain in place for up to 120 days, pending the final determination scheduled to be announced by May 6, 2025.
“Interested parties, such as importers, foreign producers/exporters and associations related to the investigation, are welcome to provide comments or views on the report of the preliminary determination to Miti by Jan 17, 2025, 5.30pm,” the ministry said in a statement on Tuesday.
PET is a strong, stiff synthetic fibre and resin, and is a member of the polyester family of polymers. It is used in fibres for clothing, containers for liquids and foods, and thermoforming for manufacturing, and in combination with glass fibre for engineering resins.