Resin Still In a Sticky Situation After Imports Only Fall a Little on ITC Case — Panjiva
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Resin Still In a Sticky Situation After Imports Only Fall a Little on ITC Case

China 3050 Energy - PetChem 30 India 552 Materials - Chemicals 273 Tariffs 1868 U.S. 5401

The U.S. ITC has determined that U.S. industry has been materially injured by dumping of PET resin and PTFE resin in related, but separate cases. The two show that it is not just the steel industry that is subject to trade policy attention. Both have been somewhat successful so far, but have a long way to go. Imports of PTFE resin have fallen 19% from their August 2016 peak, but shipments from China and India are still 31% above their January 2015 levels. For PET resin imports are down 20% from recent peaks, but shipments from the five countries under review are still 320% higher than...

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