Malaysia levies anti-dumping tax on VN BOPP film

Malaysia has levied anti-dumping taxes on Vietnam’s Biaxially Oriented Polypropylene (BOPP), a kind of packaging film used in food processing, said a state agency under the Vietnamese Ministry of Industry and Trade.

The taxes, ranging from 10.41 per cent to 21.43 percent, are imposed by Malaysia’s Ministry of International Trade and Industry (MITI), and effective between December 24, 2012 and April 22, 2013, the Vietnam Competition Agency (VCA) said.

This is, however, only a temporary sanction the MITI is applying for Vietnam and four other Asian countries, the VCA added.

Earlier in July, Malaysia initiated an anti-dumping investigation into BOPP imported from Vietnam, Taiwan, Thailand, China and Indonesia in the time span from January 1 to December 3, 2011.

The inspection was launched after the plaintiff San Miguel Yamamura Plastic Films Syndicate said the Malaysian BOPP industry was suffering serious economic damage from foreign dumping activities.

In mid-December, the US Department of Commerce cancelled an anti-dumping duty administrative review on frozen fish filets from the An Giang Fishery Import and Export Company (Agifish), VNA reported.

In addition to filets, frozen shrimp imported from Vietnam is subject to anti-dumping duties. The US conducts an anti-dumping duty review on Vietnamese exports every year, with the first done in 2005.

The US, meanwhile, confirmed on December 18 the imposition of anti-dumping and anti-subsidy duties on large wind towers imported from China and Vietnam.

The Commerce Department said Chinese and Vietnamese manufacturers sold utility-scale wind towers in the United States at dumping margins of 44.99-70.63 per cent and 51.50-58.49 per cent, respectively, AFP reported.

Source Tuoitrenews