The Canberra-based Australian Customs and Border Protection Service has launched three separate inquiries into anti-dumping measures on PVC homopolymer resin exported from Japan, the United States and South Korea.
The first inquiry is investigating normal values and non-injurious free-on-board prices for U.S. and Japanese imports. The second is reviewing anti-dumping measures for Japanese imports, which expire Oct. 22. The third is investigating alleged dumping of PVC exported from South Korea.
Anti-dumping measures apply where the export price of goods is lower than ascertained normal values and non-injurious FOB prices. Non-injurious FOB is the minimum price necessary to prevent injury, or a recurrence of injury, to the Australian industry by dumping.
Anti-dumping measures were imposed on PVC from the U.S. and Japan in 1992 and are supposed to be reviewed every five years. The measures were last reviewed in 2005, when revised normal values and non-injurious FOBs were fixed for all exporters.
On Feb. 2, Melbourne-based Chemiplas Australia Pty. Ltd., which imports Japanese and U.S. PVC, asked for normal value and non-injurious FOB prices to be reviewed. Chemiplas said PVC prices have fluctuated since the 2005 review, so values have changed.
The customs and border service launched a separate inquiry Feb. 24 into whether anti-dumping measures applying to PVC exported from Japan should continue, after Australia's sole PVC manufacturer, Melbourne-based Australian Vinyls Corp. Pty. Ltd., made an application.
Australian Vinyls wants the measures to continue because the company claims it is susceptible to further injury should the Australian PVC market deteriorate or other market pressures emerge.
The customs and border service's preliminary view is that without anti-dumping measures, Japanese exports will continue or resume, causing “material injury” to Australia's PVC industry. A final report is due Sept. 25.
The customs and border service launched an investigation April 23 into alleged dumping of PVC from South Korea after Australian Vinyls lodged a formal complaint. The service said its preliminary view is South Korea is dumping PVC, causing material injury to the Australian market. It found the dumping margin was 3.43 percent.
Provisional anti-dumping measures in the form of dumping securities were imposed on South Korean PVC exports June 28. Anti-dumping measures previously applied to South Korean exports from 2000-10.