The European Union (EU) brought an end to 13-year-long trade remedy measures on polyethylene terephthalate (PET) originating in China after terminating an expiry review on Tuesday [7 February 2017]. “The European Commission concludes that the expiry review of the anti-dumping measures applicable to imports of PET originating in China should be terminated,” said a statement in the official journal of the European Union…Full Article: ECNS.cn Feb 2017
- In August 2004, the EU imposed a five year (extended again in November 2010) anti-dumping duty on imports of PET from China.
- In May 2003, the EU began an anti-dumping investigation on imports of various Chinese PET products.
- Polyethylene terephthalate (PET) is a plastic material that is often used a packaging material for food and beverage products. These include PET bottles (water bottles, juices, soft drinks, salad dressings, peanut butter, etc.) and food packaging for coffee, dairy products, and chilled/frozen ready meals.
Hong Kong Trends