CANBERRA, AUSTRALIA (Dec. 14, 2:05 p.m. ET) — The Canberra-based Australian Customs and Border Protection Service (ACBPS) is inviting submissions from industry into whether anti-dumping measures, implemented to stop Japanese manufacturers exporting PVC at prices less than the resin's normal value in Australia, should continue.
Anti-dumping measures currently apply to PVC exports from Japan and the U.S., but the measures for Japanese imports expire Oct. 21, 2012. ACBPS invited industry Dec. 9 to respond to whether measures imposed on Japanese imports should continue for another five years.
Anti-dumping measures were first implemented in 1992 and reimposed in 1997, 2002 and 2007.
ACBPS's most recent inquiry was told about 30 percent of Japanese PVC exports from 2003 to 2006 to all countries were at prices below domestic prices. It was told Australia's PVC market price exceeded Japan's dumped goods by 8 percent.
ACBPS ruled in Nov. anti-dumping measures imposed on U.S. manufacturers exporting PVC to Australia should remain. The measures were due to expire on Jan. 22, 2012.
ACBPS said without anti-dumping measures, it is likely dumped U.S. PVC will undercut other imports in the Australian market and significantly undercut Australia's selling prices.