Breaking News 13 January 2017

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Breaking News – USA Releases Decision on Chinese Geogrid Product Dumping 

USA has released its determination into product dumping of “certain biaxial geogrids” from China into the United States. The case, which started in July 2015 led the US Department of Commerce, through its International Trade Administration arm, to determine that the biaxial geogrids in question “are being, or are likely to be, sold in the United States at less than fair value (LTFV).
https://www.federalregister.gov/documents/2017/01/11/2017-00428/certain-biaxial-integral-geogrid-products-from-the-peoples-republic-of-china-final-determination-of

The two China-based Geogrid manufacturers cited in the case documents include Taian Modern Plastics  http://www.tmpgeosynthetics.com and BOSTD  http://www.bostd.com

The calculation of fair value in product dumping investigations is somewhat difficult, but it involves finding comparative prices in other markets and adjusting for an equivalent “ex-factory” or “normal value” for export into the United States. If that price is higher than the export price, a product might be found to be undercutting the fair market and a dumping margin might be imposed.

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