GENEVA — Reflecting fierce competition in global markets and calls for relief by domestic producers, rich and emerging nations launched 39 percent more new antidumping investigations in the first half of 2008 compared with the same period last year, the World Trade Organization said. Textiles was among the most affected products.
This story first appeared in the November 4, 2008 issue of WWD. Subscribe Today.
According to the latest WTO assessment of notifications received, 20 new investigations were launched against textiles exports by seven countries, with China and other Asian countries the most targeted. Dumping occurs when an exporter sells goods abroad at a lower price than in the country of origin or at below cost.
Turkey led the offensive with seven cases initiated, followed by Brazil with four, Argentina with three, South Korea and Ukraine each with two, and India and the European Union with one new initiation each.
The initiations launched by Turkey, a major exporter itself, singled out import shipments from China of yarn of man-made fiber or polypropylene, nonwoven and tarpaulin made of polyethylene. Turkey also initiated action against imports of man-made or synthetic or artificial staple fibers from Canada, Indonesia and India, and on imports of tarpaulin from Vietnam.
Brazil’s antidumping initiations focused on imports of viscose fibers from Austria, Bangladesh, Taiwan and Indonesia. The actions by neighboring Argentina targeted imports of acrylic fiber yarn from Brazil and Indonesia, and glass wool from New Zealand.
South Korea launched actions against imports of polyester yarn from China and Taiwan. The EU began an investigation of imports from China of finished polyester filament fabric and fully drawn yarn, and new WTO member Ukraine against imports of nap linen from China and South Korea.