KUALA LUMPUR: Malaysia has started anti-dumping duty investigations on imports of polyethylene terephthalate, or PET, originating or exported from China and Indonesia, its trade ministry said on Friday.
The investigation was initiated following a petition by a domestic producer received by the government on July 10, the ministry said in a statement.
The petitioner had alleged that PET imports from China and Indonesia were sold at a price much lower than their domestic selling price in the originating countries, the ministry said.
The complaint also alleged that dumped imports from China and Indonesia have increased in terms of absolute quantity, causing the petitioner material injury.
A preliminary finding will be made within 120 days from the start of the probe, the ministry said, without specifying when it began.
"If the preliminary determination is affirmative, the government will impose a provisional anti-dumping duty at the rate that is necessary to prevent further injury to the domestic industry," the ministry said.
Separately, the ministry also announced an administrative review into anti-dumping duties on imports of stranded steel wires for pre-stressing concrete originating or exported from China.
Malaysia had imposed anti-dumping duties on the goods ranging between 2.09% and 21.72%, effective for five years from December 2021 following an earlier probe.
On Friday, it said it had received a request for a review from a domestic producer on the grounds that the dumping margin of the imported merchandise had changed substantially, pursuant to local anti-dumping regulations. - Reuters
