Malaysia has imposed provisional antidumping duties (ADDs) on PET imports from China and Indonesia, effective 7 January.
The duties range from 6.33% to 37.44% “to prevent further injury to the domestic industry”, Malaysia’s Ministry of Investment, Trade and Industry (MITI) said.
Chinese exporters affected include Jiangsu Hailun Petrochemical, Far Eastern Industries (Shanghai), and Jiangsu Xingye Plastic, with duties set at between 6.33% to 11.74%.
All PET imports from Indonesia, meanwhile, will be levied a higher ADD rate of 37.44%.
The duties are not likely to drastically affect China’s PET exports as Malaysia is not their major market, an industry source said.
These duties will last “not more than 120 days” or four months, and a final determination will be made no later than 6 May, the MITI added.
Malaysia’s investigations into PET imports from China and Indonesia were initiated on 9 August 2024.
Additional reporting by Judith Wang
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