Mexico re-evaluates anti-dumping duty on polyester yarn imports from India, China.

Mexico's Ministry of Economy is reassessing the anti-dumping duty placed on polyester filament yarn (PFY) imports originating from India and China. This duty, affecting PFY categorized under tax number 5402.33.01, was initially implemented in September 2021 after an investigation launched in March 2020. The current review comes in response to a significant change in circumstances: the closure of the Mexican factory that originally petitioned for the anti-dumping measures.

The reassessment stems from the closure of the applicant's factory in September 2023. This closure raises questions about the continued need for the anti-dumping duty. The Ministry will determine if the domestic PFY industry is still threatened by imports from India and China in the absence of the original petitioner.

In March, 2020, Mexico initiated an investigation into PFY imports from India and China suspected of being dumped, or sold at lower prices than in their home markets. And in September 2021, Mexico issued a final affirmative ruling, imposing an anti-dumping tax of US $0.532 per kilogram on PFY imports from both countries.

Due to COVID-19's impact the implementation of the anti-dumping duty was delayed for one year. Following the delay Mexico began enforcing the anti-dumping duty. However, in September 2023 the applicant's factory closed which prompted the Ministry to reassess the need for the duty.