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Plastic bag companies are expected to return to the European market
The reporter recently learned from a person close to the Ministry of Commerce that the European Commission intends to decide to terminate the anti-dumping sunset review of China's plastic bags. This means that the EU's anti-dumping measures against China's plastic bags, which have been implemented for five years, will be terminated, and Chinese plastic bag companies are expected to return to the European market.
The insiders are all excited about this news, but they are also worried that once the EU market is reopened, there will be a new round of fierce competition. Therefore, it is necessary for domestic enterprises to plan ahead.
The EU's anti-dumping case against China's plastic bags is about to expire. Can Chinese plastic bag companies return to the European market?
The reporter recently learned from a person close to the Ministry of Commerce that due to the sunset review of anti-dumping of plastic bags in China, the European industry has a low degree of cooperation and lacks representative samples of industries. The investigation authorities cannot obtain relevant information and data to assess whether dumped products have caused damage to their industries, the European Commission intends to decide to terminate the anti-dumping sunset review of China's plastic bags. ' It usually takes one year to 15 months from the end of the review to the final announcement of the results. During this period, anti-dumping duties will continue to be levied.
However, according to the current situation, there is no doubt that the European Commission will finally decide to cancel the anti-dumping duties on Chinese plastic bags. ' Dong Hui, director of the Beijing branch of jintiancheng law firm and EU anti-dumping senior law master, told reporters.
' It's great that we have hope to return to the European market. ' Mr. Liu, the sales manager of Xiamen Xingxia Plastics Co. , Ltd. , was unable to hide his excitement at the other end of the phone.
Zhu Wenjun, general manager of Zhejiang Ningbo maruwan Plastic Packaging Products Co. , Ltd. , also said that the abolition of anti-dumping duties, the relatively cheap in Southeast Asia is no longer, orders are bound to return, this is undoubtedly good news for Chinese plastic bag industry exporters.
looking back on the lawsuit that began in 2006, many Chinese plastic bag enterprises are still concerned. On September 2006, the EU announced anti-dumping measures against China's plastic bags exported to Europe. 8% ~ 28. 8% anti-dumping tax rate. Among them, 7 Chinese companies were levied 4. 8% ~ 12. A separate tax rate of 8% is applicable to other Chinese enterprises responding to the lawsuit. The tax rate of 4% is applicable to enterprises that have not responded. A national uniform tax rate of 8%.
' The normal profit is 7% ~ Around 8%, 28. The anti-dumping tax rate of 8% is really impossible for plastic bag enterprises with very thin profits to continue exporting. ' Manager Liu of Xiamen Xingxia Plastics Co. , Ltd. said that the company had also been ruled. The lower tax rate is 4%, but on May 2011, the EU made an anti-dumping and anti-circumvention final ruling on plastic bags originating in China and Thailand, canceling Xiamen Xingxia plastic Co. , Ltd. The anti-dumping tax rate of 4% was changed to 28. 8% anti-dumping duty.
The reason is that the EU investigation authorities suspect that some manufacturers and exporters export the products involved to EU member states through Xiamen Xingsha company to avoid 28. 8% of the general anti-dumping tax rate. This judgment caused Xiamen Xingsha company to abandon the European market. Now I heard that the EU anti-dumping duties have been canceled, and manager Liu is pleased to say:' This means that the threshold for restricting the export of our products to Europe is gone, and let us once again see the hope of returning to the European market. '
Although Zhejiang Ningbo maruwan Plastic Packaging Products Co. , Ltd. has been levied 8. The lower anti-dumping tax rate of 4% has little impact on corporate orders, but the rising production costs in recent years still make enterprises feel overwhelmed. Zhu Wenjun said that anti-dumping duties have blocked most Chinese companies from the European market, and Chinese export companies have lost their advantages in competing with their Southeast Asian counterparts. If anti-dumping duties are not imposed, some orders are bound to return, which is undoubtedly good news for Chinese plastic bag exporters.