UPDATE: Malaysia slaps ADDs on PET imports from China, Indonesia

SINGAPORE (ICIS)–Malaysia has imposed provisional antidumping duties (ADDs) on polyethylene terephthalate (PET) imports from China and Indonesia, effective 7 January.

The duties range from 6.33% to 37.44% “to prevent further injury to the domestic industry”, Malaysia’s Ministry of Investment, Trade and Industry (MITI) said.

Chinese exporters affected include Jiangsu Hailun Petrochemical, Far Eastern Industries (Shanghai), and Jiangsu Xingye Plastic, with duties set at between 6.33% to 11.74%.

All PET imports from Indonesia, meanwhile, will be levied a higher ADD rate of 37.44%.

Country	Exporter	Rates
China	Far Eastern Industries (Shanghai)	6.33%
	Jiangsu Hailun Petrochemical Co	11.74%
	Jiangsu Xingye Plastic Co	11.74%
	Jiangyin Xingtai New Material Co	11.74%
	Others	11.74%
Indonesia	All producers or exporters	37.44%

The duties are not likely to drastically affect China’s PET exports as Malaysia is not their major market, an industry source said.

These duties will last “not more than 120 days” or four months, and a final determination will be made no later than 6 May, the MITI added.

Malaysia’s investigations into PET imports from China and Indonesia were initiated on 9 August 2024.

Additional reporting by Judith Wang

Thumbnail image: PET goes into textitles. At a textile enterprise in Binzhou, China, on 24 September 2024. (Costfoto/NurPhoto/Shutterstock)