China's Ministry of Commerce (MOFCOM) has released its preliminary ruling in its antidumping investigation of caprolactam (CPL) imports from EU and U.S. that dumping exists and has caused material injury to China’s CPL industry, and there exists a causal relationship between dumping and material injury. China decided to collect deposits for CPL imports from EU and the U.S. from January 25, 2011. MOFCOM will make its final ruling based on further investigation. (CPL is the raw material for Nylon-6, which is widely used in fibers and plastics.The China tariff number is 29337100.)
At preliminary meetings held on January 24--26, 2011, finance leaders stated that the major industrial and emerging-market nations are expected to focus on world food prices and currency stability during the 2011 G8 and G20 summits. They hope to address concerns that unstable food and commodity prices, together with international currency imbalances, could cause widespread hunger in poorer nations and stall global economic growth.
The Federal Maritime Commission has posted Commissioner Michael Khouri's January 19, 2011 remarks at the Propeller Club of the U.S., which include a review of 2010 issues and a "look ahead" at 2011.
China announced that in mid-January, a local branch of the municipal industry and commerce administration in Hangzhou, together with Louis Vuitton Malletier (LV), will launch a preliminary probe into counterfeiting on LV products in preparation for China's first campaign against intellectual property rights (IPR) infringements for 2011.
The International Trade Administration frequently issues notices on antidumping and countervailing duty orders, investigations, etc. which Broker Power considers to be "minor” in importance as they concern actions that occur after an order is issued, neither announce nor cause any changes to an order’s duty rates, scope, affected firms, or effective period, etc.
China's Ministry of Commerce stated on January 24, 2011, that Chinese importers of U.S. and European Union caprolactam, the precursor to Nylon 6 widely used in synthetic polymer, will have to put down a security deposit from January 25, 2011. According to a ministry statement, a preliminary ruling stated caprolactam from the countries had been dumped in China and caused substantial damage to its domestic industry. A final ruling will be made at a later date after further investigations.
The International Trade Administration is conducting new shipper reviews of the antidumping duty order on certain frozen fish fillets from Vietnam (A-552-801) covering the period August 1, 2009 through February 15, 2010. Interested parties are invited to comment on the preliminary results of these new shipper reviews.
The International Trade Administration has issued the final results of its antidumping duty administrative review of uncovered innerspring units from China (A-570-928) for the period August 6, 2008, through January 31, 2010.
An overview of a number of recent antidumping and countervailing duty messages posted to CBP's Web site, along with the case number(s), period covered, and CBP message number, is provided below. (Note that the complete message is only available at http://addcvd.cbp.gov.)
U.S. Customs and Border Protection has issued an ADD/CVD message announcing anadjustment (for export subsidies) to the estimated antidumping duty rate for the mandatory respondent in the International Trade Administration's amended preliminary AD duty determination on aluminum extrusions from China (A-570-967).