The United States International Trade Commission (USITC) today determined that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of polyester textured yarn from China and India that are allegedly subsidized and sold in the United States at less than fair value.
Chairman David S. Johanson and Commissioners Irving A. Williamson, Meredith M. Broadbent, Rhonda K. Schmidtlein, and Jason E. Kearns voted in the affirmative.
As a result of the Commission’s affirmative determinations, the U.S. Department of Commerce will continue with its antidumping and countervailing duty investigations concerning imports of this product from China and India, with its preliminary countervailing duty determinations due on or about January 11, 2019, and its preliminary antidumping duty determinations due on or about March 27, 2019.
The Commission’s public report Polyester Textured Yarn from China and India (Inv. Nos. 701-TA-612-613 and 731-TA-1429-1430 (Preliminary), USITC Publication 4858, December 2018) will contain the views of the Commission and information developed during the investigations.
The report will be available after December 31, 2018; when available, it may be accessed on the USITC website at: http://pubapps.usitc.gov/applications/publogs/qry_publication_loglist.asp.
UNITED STATES INTERNATIONAL TRADE COMMISSION
Washington, DC 20436
Polyester Textured Yarn from China and India
Investigation Nos. 701-TA-612-613 and 731-TA-1429-1430 (Preliminary)
Product Description: Polyester textured yarn is synthetic multifilament yarn that is manufactured from polyester (polyethylene terephthalate). It is produced through a texturing process, which imparts special properties to the filaments of the yarn, including stretch, bulk, strength, moisture absorption, insulation, and the appearance of a natural fiber.
Status of Proceedings:
1. Type of investigation: Preliminary phase antidumping duty and countervailing duty investigations.
2. Petitioners: Unifi Manufacturing, Inc., Greensboro, North Carolina; Nan Ya Plastics Corp. America, Lake City, South Carolina.
3. USITC Institution Date: Friday, October 18, 2018.
4. USITC Conference Date: Friday, November 8, 2018.
5. USITC Vote Date: Friday, November 30, 2018.
6. USITC Notification to Commerce Date: Monday, December 3, 2018.
U.S. Industry in 2017:
1. Number of U.S. producers: 9.
2. Location of producers’ plants: North Carolina and South Carolina.
3. Production and related workers: 1,043.
4. U.S. producers’ U.S. shipments: $271.5 million.
5. Apparent U.S. consumption: $404.0 million.
6. Ratio of subject imports to apparent U.S. consumption: 15.5 percent.
U.S. Imports in 2017:
1. Subject imports: $62.7 million.
2. Nonsubject imports: $69.8 million.
3. Leading import sources: China, Mexico, India, Indonesia, Taiwan, Malaysia.