INHALT

Commission Implementing Regulation (EU) 2023/934 of 11 May 2023 imposing a definitive anti-dumping duty on imports of high tenacity yarns of polyesters originating in the People’s Republic of China following an expiry review pursuant to Article 11(2) and a partial interim review pursuant to Article 11(3) of Regulation (EU) 2016/1036 of the European Parliament and of the Council

COMMISSION IMPLEMENTING REGULATION (EU) 2023/934
of 11 May 2023
imposing a definitive anti-dumping duty on imports of high tenacity yarns of polyesters originating in the People’s Republic of China following an expiry review pursuant to Article 11(2) and a partial interim review pursuant to Article 11(3) of Regulation (EU) 2016/1036 of the European Parliament and of the Council
1.
PROCEDURE
1.1.
Previous and ongoing investigations, and measures in force
1.2.
Request for an expiry review and for a partial interim review
1.3.
Initiation of an expiry review and partial interim review
1.4.
Review investigation period and period considered in the expiry review and partial interim review investigations
2.
PRODUCT UNDER REVIEW, PRODUCT CONCERNED AND LIKE PRODUCT
2.1.
Product under review in the expiry review and the partial interim review
2.2.
Product concerned
2.3.
Like product
3.
EXPIRY REVIEW INVESTIGATION
3.1.
Interested parties and sampling
3.1.1.
Sampling of Union producers
3.1.2.
Sampling of exporting producers and unrelated importers
3.2.
Questionnaire replies and verification visits
3.3.
Subsequent procedure
3.4.
Dumping
3.4.1.
Preliminary remarks
3.4.2.
Procedure for the determination of the normal value under Article 2(6a) of the basic Regulation
3.4.3.
Application of Article 18 of the basic Regulation
3.4.4.
Normal value
3.4.4.1.
Existence of significant distortions
3.4.4.1.1.
Introduction
3.4.4.1.2.
Significant distortions affecting the domestic prices and costs in China
3.4.4.1.3.
Significant distortions according to Article 2(6a)(b), first indent of the basic Regulation: the market in question being served to a significant extent by enterprises which operate under the ownership, control or policy supervision or guidance of the authorities of the exporting country
3.4.4.1.4.
Significant distortions according to Article 2(6a)(b), second indent of the basic Regulation: State presence in firms allowing the state to interfere with respect to prices or costs
3.4.4.1.5.
Significant distortions according to Article 2(6a)(b), third indent of the basic Regulation: public policies or measures discriminating in favour of domestic suppliers or otherwise influencing free market forces
3.4.4.1.6.
Significant distortions according to Article 2(6a)(b), fourth indent of the basic Regulation: the lack, discriminatory application or inadequate enforcement of bankruptcy, corporate or property laws
3.4.4.1.7.
Significant distortions according to Article 2(6a)(b), fifth indent of the basic Regulation: wage costs being distorted
3.4.4.1.8.
Significant distortions according to Article 2(6a)(b), sixth indent of the basic Regulation: access to finance granted by institutions which implement public policy objectives or otherwise not acting independently of the State
3.4.4.1.9.
Systemic nature of the distortions described
3.4.4.1.10.
Conclusion
3.4.4.2.
Representative country
3.4.4.2.1.
General remarks
3.4.4.2.2.
A level of economic development similar to China and production of the product under review
3.4.4.2.3.
Availability of relevant public data in the representative country
3.4.4.2.4.
Level of social and environmental protection
3.4.4.2.5.
Conclusion
3.4.5.
Dumping margin
3.5.
Likelihood of continuation of dumping
3.5.1.
Production capacity and spare capacity in China
3.5.2.
Attractiveness of the Union market
3.6.
Conclusion on dumping and likelihood of continuation of dumping
3.7.
Injury
3.7.1.
Definition of the Union industry and Union production
3.7.2.
Union consumption
3.7.2.1.
Volume and market share of the imports from the country concerned
3.7.2.2.
Prices of the imports from the country concerned: price undercutting and price suppression
3.7.3.
Economic situation of the Union industry
3.7.3.1.
General remarks
3.7.3.2.
Macroeconomic indicators
3.7.3.2.1.
Production, production capacity and capacity utilisation
3.7.3.2.2.
Sales volume and market share
3.7.3.2.3.
Growth
3.7.3.2.4.
Employment and productivity
3.7.3.2.5.
Magnitude of the dumping margin and recovery from past dumping
3.7.3.3.
Microeconomic indicators
3.7.3.3.1.
Prices and factors affecting prices
3.7.3.3.2.
Labour costs
3.7.3.3.3.
Inventories
3.7.3.3.4.
Profitability, cash flow, investments, return on investments and ability to raise capital
3.7.4.
Conclusion on the situation of the Union industry
3.8.
Causation
3.8.1.
Effects of the dumped imports
3.8.2.
Effects of other factors
3.8.2.1.
Imports from Chinese exporters currently not subject to duties
3.8.2.2.
Imports from third countries
3.8.2.3.
Export performance of the Union industry
3.8.2.4.
Captive consumption
3.8.2.5.
High energy prices and inflation
3.8.3.
Conclusion on causation
3.9.
Likelihood of continuation of injury
3.9.1.
The production capacity and spare capacity in China
3.9.2.
Relation between Chinese export prices to third countries and the price level in the Union
3.9.3.
Conclusion
3.10.
Union interest
3.10.1.
Interest of the Union industry
3.10.2.
Interest of unrelated importers
3.10.3.
Interest of users
3.10.3.1.
Financial impact
3.10.3.2.
Supply stability
3.10.3.3.
Risk of transferring production capacities outside the EU
3.10.4.
Conclusion on Union interest
3.11.
Claims for suspension by Unifull and OTIZ
3.12.
Conclusion
4.
PARTIAL INTERIM REVIEW INVESTIGATION
4.1.
Interested parties and sampling
4.1.1.
Sampling of exporting producers and unrelated importers
4.1.2.
Individual examination request
4.2.
Questionnaire replies and remote cross-checks
4.3.
Suspension request
4.4.
Subsequent procedure
4.5.
Dumping
4.5.1.
Determination of the normal value
4.5.2.
Comments by interested parties on existence of significant distortions
4.5.3.
Comments of the parties on the choice of representative country
4.5.4.
Sources used to establish undistorted costs
4.5.5.
Raw materials used in the production process
4.5.6.
Labour
4.5.7.
Energy
4.5.8.
SG&A and profits
4.5.9.
Calculation of the normal value
4.6.
Export price
4.7.
Comparison
4.8.
Dumping margins
4.9.
Lasting nature of changed circumstances in the partial interim review
5.
ANTI-DUMPING MEASURES
Article 1
Article 2
ANNEX