China Prolongs Antidumping on Polyurethane Fibers (Spandex)

 
On October 12, China Ministry of Commerce (MOFCOM) decided, in its Announcement No. 62 of 2012, to prolong Chinese antidumping measures on Polyurethane Fibers (Spandex) from Japan, Singapore, South Korea, Taiwan region and the U.S.

The MOFCOM claims that revoking the antidumping measures would lead to continuation or recurrence of the dumping or injury by those imports, and therefore has issued an order to continue relevant antidumping duties for five years from October 13, 2012 as per the scope and duty rates set forth in its Announcements No. 74 of 2006, No. 39 of 2008, No. 68 of 2008, and No. 6 of 2010.