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US polyester weave imports will decline in the coming months

US HS Code 540233 polyester weave imports are expected to decline in the coming months as the national government imposes anti-dumping obligations (ADDs).

According to the US Department of Commerce, polyester weaves from Indonesia, Malaysia, Thailand and Vietnam are distributed to the United States at prices below fair value. The Department of Commerce has already calculated ADD cash deposit rates ranging from 2.58 percent to 56 percent. US importers are required to post tariff deposits at these ADD rates on the day the final decision is published in the official bulletin.

The United States International Trade Commission (USITC) will announce its final decision on November 30, 2021.

US HS Code 540233 polyester weave imports are expected to decline in the coming months as the national government imposes anti-dumping obligations (ADDs). According to the US Department of Commerce, polyester weaves from Indonesia, Malaysia, Thailand and Vietnam are distributed to the United States at prices below fair value.

The average monthly import of polyester textured yarns across the United States in the fourth quarter of 2020 was $ 12.27 million. Between January 2021 and August 2021, it decreased by 13.73% to $ 10.59 million. Fibre2 Fashion’s market analysis tool TexPro.. It is estimated to rise 6.66 percent between September 2021 and November 2021 to an average of $ 11.29 million per month.

Between December 2021 and March 2022, the monthly average is expected to decline by 4.28 percent to $ 10.81 million.

Total US monthly imports of polyester weaves from Thailand, Vietnam, Malaysia and Indonesia were $ 3.85 million in the fourth quarter of 2020. The monthly average from January 2021 to August 2021 decreased by 5.70% to $ 3.63 million.

It is estimated to decrease 15.84% to $ 3.63 million between September 2021 and November 2021 and decrease 3.86% to $ 2.94 million between December 2021 and March 2022. increase.

Fiber2Fashion News Desk (KD)



US polyester weave imports will decline in the coming months

Source link US polyester weave imports will decline in the coming months

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