Commission Implementing Regulation (EU) 2023/2659 of 27 November 2023 imposing a ... (32023R2659)
Commission Implementing Regulation (EU) 2023/2659 of 27 November 2023 imposing a provisional anti-dumping duty on imports of certain polyethylene terephthalate originating in People’s Republic of China
- COMMISSION IMPLEMENTING REGULATION (EU) 2023/2659
- of 27 November 2023
- imposing a provisional anti-dumping duty on imports of certain polyethylene terephthalate originating in People’s Republic of China
- 1.
- PROCEDURE
- 1.1.
- Initiation
- 1.2.
- Registration of imports
- 1.3.
- Interested parties
- 1.4.
- Comments on initiation
- 1.5.
- Sampling
- 1.5.1.
- Sampling of Union producers
- 1.5.2.
- Sampling of importers
- 1.5.3.
- Sampling of exporting producers the PRC
- 1.6.
- Individual examination
- 1.7.
- Questionnaire replies and verification visits
- 1.8.
- Investigation period and period considered
- 2.
- PRODUCT UNDER INVESTIGATION, PRODUCT CONCERNED AND LIKE PRODUCT
- 2.1.
- Product under investigation
- 2.2.
- Product concerned
- 2.3.
- Like product
- 2.4.
- Claims regarding product scope
- 3.
- DUMPING
- 3.1.
- Procedure for the determination of the normal value under Article 2(6a) of the basic Regulation
- 3.2.
- Normal value
- 3.2.1.
- Existence of significant distortions
- 3.2.1.1. Introduction
- 3.2.1.2. Significant distortions affecting the domestic prices and costs in the PRC
- 3.2.1.3. Significant distortions according to Article 2(6a)(b), first indent of the basic Regulation: the market in question being served to a significant extent by enterprises which operate under the ownership, control or policy supervision or guidance of the authorities of the exporting country
- 3.2.1.4. Significant distortions according to Article 2(6a)(b), second indent of the basic Regulation: State presence in firms allowing the state to interfere with respect to prices or costs
- 3.2.1.5. Significant distortions according to Article 2(6a)(b), third indent of the basic Regulation: public policies or measures discriminating in favour of domestic suppliers or otherwise influencing free market forces
- 3.2.1.6. Significant distortions according to Article 2(6a)(b), fourth indent of the basic Regulation: the lack, discriminatory application or inadequate enforcement of bankruptcy, corporate or property laws
- 3.2.1.7. Significant distortions according to Article 2(6a)(b), fifth indent of the basic Regulation: wage costs being distorted
- 3.2.1.8. Significant distortions according to Article 2(6a)(b), sixth indent of the basic Regulation: access to finance granted by institutions which implement public policy objectives or otherwise not acting independently of the State
- 3.2.1.9. Systemic nature of the distortions described
- 3.2.1.10. Conclusion
- 3.2.2.
- Representative country
- 3.2.2.1. General remarks
- 3.2.2.2. A level of economic development similar to the PRC
- 3.2.2.3. Availability of relevant public data in the representative country
- 3.2.2.4. Conclusion
- 3.2.3. Sources used to establish undistorted costs
- 3.2.4.
- Undistorted costs and benchmarks
- 3.2.4.1. Factors of production
- 3.2.4.2. Raw materials
- 3.2.4.3. Labour
- 3.2.4.4. Electricity
- 3.2.4.5. Natural gas
- 3.2.4.6. Manufacturing overhead costs, SG&A, profit and depreciation
- 3.2.4.7. Calculation
- 3.3.
- Export price
- 3.4.
- Comparison
- 3.5.
- Dumping margins
- 4.
- INJURY
- 4.1.
- Definition of the Union industry and Union production
- 4.2.
- Union consumption
- 4.3.
- Imports from the country concerned
- 4.3.1.
- Volume and market share of the imports from the country concerned
- 4.3.2.
- Prices of the imports from the country concerned and price undercutting
- 4.4.
- Economic situation of the Union industry
- 4.4.1.
- General remarks
- 4.4.2.
- Macroeconomic indicators
- 4.4.2.1. Production, production capacity and capacity utilisation
- 4.4.2.2. Sales volume and market share
- 4.4.2.3. Growth
- 4.4.2.4. Employment and productivity
- 4.4.2.5. Magnitude of the dumping margin and recovery from past dumping
- 4.4.3.
- Microeconomic indicators
- 4.4.3.1. Prices and factors affecting prices
- 4.4.3.2. Labour costs
- 4.4.3.3. Inventories
- 4.4.3.4. Profitability, cash flow, investments, return on investments and ability to raise capital
- 4.4.3.5. Developments in the investigation period and post-IP
- 4.4.4.
- Conclusion on injury
- 5.
- THREAT OF INJURY
- 5.1.
- Introduction
- 5.2.
- Significant rate of increase of dumped imports into the Union market indicating the likelihood of substantially increased imports
- 5.3.
- Sufficient freely disposable capacity
- 5.4.
- Price level of imports
- 5.5.
- Level of inventories
- 5.6.
- Other elements: profitability and other economic indicators
- 5.7.
- Foreseeability and imminence of the change in circumstances
- 5.8.
- Conclusion on threat of injury
- 6.
- CAUSATION
- 6.1.
- Effects of the dumped imports
- 6.2.
- Effects of other factors
- 6.2.1.
- Imports by the complainants and related companies to the complainants
- 6.2.2.
- The increased use of recycled PET by PET users
- 6.2.3.
- Imports from third countries
- 6.2.4.
- Export performance of the Union industry
- 6.2.5.
- Cost increases in raw materials and energy prices
- 6.2.6.
- Increase in investment costs
- 6.2.7.
- Customer purchasing preferences
- 6.2.8.
- Conclusion on causation
- 7.
- LEVEL OF MEASURES
- 7.1.
- Injury margin
- 7.2.
- Conclusion on the level of measures
- 8.
- UNION INTEREST
- 8.1.
- Interest of the Union industry
- 8.2.
- Interest of users and unrelated importers
- 8.2.1.
- Increased vPET Prices
- 8.2.2.
- Slower transition to rPET
- 8.2.3.
- Concerns over market dominance
- 8.2.4.
- Analysis of the impact of the measures on users and unrelated importers
- 8.3.
- EU’s Ambition Towards Sustainable Plastics
- 8.4.
- Challenges with regard to rPET
- 8.5
- Conclusion on Union interest
- 9.
- PROVISIONAL ANTI-DUMPING MEASURES
- 10.
- INFORMATION AT PROVISIONAL STAGE
- 11.
- FINAL PROVISIONS
- Article 1
- Article 2
- Article 3
- ANNEX
- COOPERATING EXPORTING PRODUCERS NOT SAMPLED
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