Ministry of Commerce: Anti-dumping duties will continue to be levied on such goods originating in South Korea and other three countries

Ministry of Commerce Announcement No. 38 of 2023

Announcement on the Expiry Review Ruling of Anti-dumping Measures Applicable to Imports of Polyacetal Copolymer Originating from South Korea, Thailand and Malaysia

【Issuing Unit】Trade Remedy Bureau

[Release Number] Ministry of Commerce Announcement No. 38 of 2023

[Date of publication] October 23, 2023

On October 23, 2017, the Ministry of Commerce issued Announcement No. 61 of 2017, deciding to impose anti-dumping duties on imported polyacetal copolymers originating in South Korea, Thailand and Malaysia. After the original review measures were implemented, the Ministry of Commerce conducted a name change review on the measures at the request of relevant stakeholders.

On October 23, 2022, in response to the application of China’s polyoxymethylene copolymer industry, the Ministry of Commerce issued Announcement No. 29 of 2022, deciding that starting from October 24, 2022, imported copolymer polyoxymethylene originating from South Korea, Thailand and Malaysia will be subject to regulatory restrictions. Applicable anti-dumping measures will be subject to end-of-term review investigations.

The Ministry of Commerce has investigated the possibility that if anti-dumping measures are terminated, the dumping of imported polyoxymethylene copolymers originating in South Korea, Thailand and Malaysia will continue or reoccur, as well as the possibility of damage to China’s polyoxymethylene copolymer industry continuing or reoccurring. investigation. Based on the investigation results and in accordance with Article 48 of the Anti-dumping Regulations of the People’s Republic of China (hereinafter referred to as the “Anti-dumping Regulations”), the Ministry of Commerce made a review ruling. The relevant matters are now announced as follows:

1. Review ruling

The Ministry of Commerce ruled that if anti-dumping measures are terminated, the dumping of imported polyoxymethylene copolymers originating in South Korea, Thailand and Malaysia into China may continue or occur again, and the damage caused to China’s polyoxymethylene copolymer industry may continue or occur again.

2. Anti-dumping measures

In accordance with Article 50 of the Anti-dumping Regulations, the Ministry of Commerce makes recommendations to the Tariff Commission of the State Council on continuing to implement anti-dumping measures based on the investigation results. The Tariff Commission of the State Council made a decision based on the recommendations of the Ministry of Commerce. Starting from October 24, 2023, anti-dumping duties will continue to be levied on imported copolymer polyoxymethylene originating in South Korea, Thailand and Malaysia, and the implementation period will be 5 years.

The scope of products subject to anti-dumping duties is the product to which the original anti-dumping measures apply, which is consistent with the product scope in the Ministry of Commerce’s Announcement No. 61 of 2017. details as follows:

Product name: Polyoxymethylene copolymer, also known as polyoxymethylene copolymer, or polyoxymethylene copolymer.

English name: PolyformaldehydeCopolymer, or PolyoxymethyleneCopolymer, or Copolymer-typeAcetalResin, or AcetalCopolymer, etc. The English name is usually referred to as POMCopolymer.

Chemical formula: -[CH2-O]n-[CH2-O-CH2-CH2]m-(n>m).

Physicochemical properties: Copolymer polyoxymethylene is synthesized from formaldehyde and has thermoplasticity of -CH2-O- main chain and -[CH2-O-CH2-CH2]-embedded bonds (-CH2-O- content is greater than 50% by weight) Resin is usually a milky white or light yellow granular solid at room temperature and meets the following performance indicators:

Main uses: Copolymer polyoxymethylene has good comprehensive mechanical properties such as high mechanical strength, high fatigue resistance, and high creep resistance. It can partially replace metal materials such as copper, zinc, tin, and lead, and can be used directly or modified It is later used in auto parts, electronic appliances, industrial machinery, daily necessities, sports equipment, medical equipment, pipe fittings, construction materials and other fields.

This product falls under 39071010 and 39071090 of the Import and Export Tariff of the People’s Republic of China. Other products such as homopolymer polyformaldehyde and modified polyformaldehyde under these two tariff numbers are not within the scope of the products under investigation this time.

According to the provisions of Ministry of Commerce Announcement No. 61 of 2017 and Announcement No. 10 of 2018, the anti-dumping tax rates levied on each company are as follows:

Korean companies:

1. Korea Engineering Plastics Co., Ltd. 30.0%

(KOREAENGINEERINGPLASTICSCO.,LTD.)

2. Kolon Plastic Co., Ltd. 6.2%

(KOLONPLASTICS,INC.)

3. Other Korean companies 30.4%

Thai company:

1.Thailand Polyformaldehyde Co., Ltd. 18.5%

(THAIPOLYACETALCO.,LTD.)

2. Other Thai companies 34.9%

Malaysian company:

1.Polyplastics (Asia Pacific) Company 8.0%

(PolyplasticsAsiaPacificSdn.Bhd.)

2. Other Malaysian companies 9.5%

3. Methods of levying anti-dumping duties

Starting from October 24, 2023, import operators shall pay corresponding anti-dumping duties to the Customs of the People’s Republic of China when importing copolymer polyoxymethylene originating in South Korea, Thailand and Malaysia. Anti-dumping duties are levied ad valorem on the duty-paid price approved by the customs. The calculation formula is: anti-dumping duty amount = customs duty-paid price × anti-dumping duty rate. The value-added tax at the import stage is levied ad valorem on the basis of the customs-approved duty-paid price plus customs duties and anti-dumping duties.

4. Administrative reconsideration and administrative litigation

According to Article 53 of the Anti-dumping Regulations, if you are dissatisfied with this review decision, you may apply for administrative review in accordance with the law, or you may file a lawsuit with the People’s Court in accordance with the law.

5. This announcement will be effective from October 24, 2023

Attachment:Ministry of Commerce’s Notice on Products Originating in South Korea, Thailand and Malaysia��Expiry review ruling on anti-dumping measures applicable to imports of polyoxymethylene copolymer from West Asia

Ministry of Commerce

October 23, 2023