07-05-2025
- Business
- New Straits Times
Anti-dumping duties for PET plastics imposed on Chinese, Indonesian firms
KUALA LUMPUR: The government has imposed a five-year anti-dumping duty on polyethylene terephthalate (PET) plastic imported from China and Indonesia, effective today.
Indonesian exporters are set to face 37.44 per cent duty while for Chinese exporters duties range between 2.29 and 11.47 per cent depending on the company, with Far Eastern Industries (Shanghai) Ltd. subjected to a 4.58 per cent duty.
According to the Investment, Trade and Industry Ministry (MITI), an investigation was initiated on 9 August 2024, after Recron (M) Sdn Bhd lodged a petition on behalf of local PET producers.
This followed a determination by the Ministry which concluded that domestic PET producers had suffered material injury from underpriced imports.
The anti-dumping duty, aimed to safeguard the local industry from unfair trade practices, would be enforced by the Customs Department from May 7, 2025 to May 6, 2030, under the Countervailing and Anti-Dumping Duties Act 1993.
"With the imposition of anti-dumping duties on the imports of subject merchandise from the alleged countries, it is expected that the issue of unfair trade practices will be addressed," MITI said in a statement.
