Cheap, easy and fast. That's how the world likes it and that's how China delivers it.
Asia Pulp & Paper (APP), an exporter of coated paper from China and Indonesia, expressed disappointment in the U.S. International Trade Commission’s determination that the domestic industry has been threatened with material injury by its products. As a result of the commission’s 6-0 vote where five commissioners cited threat, antidumping and countervailing duties will be imposed on imports of certain coated paper products from China and Indonesia.
Asia Pulp & Paper (APP), the leading exporter of coated paper from China and Indonesia, received today the lowest combined antidumping and countervailing duty (AD/CVD) margin among Chinese exporters, but is still disappointed with the U.S. Department of Commerce's final AD/CVD margin. According to APP, the Commerce Department adopted questionable calculation methodologies in rendering its final determination; whereas more proper methodologies would have yielded little to no AD/CVD duties.
The U.S. Department of Commerce released the preliminary results in its countervailing duty (CVD) investigation of coated paper from China and Indonesia. Asia Pulp & Paper (APP), a major exporter of coated paper from China and Indonesia, expressed disappointment with the initial findings. The coated paper under investigation is typically used for printing multicolored graphics for catalogues, books, magazines, labels and wraps, greeting cards and other items requiring high-quality print graphics. APP remains confident that when Commerce has fully considered all of the facts, the preliminary margins will be reduced or eliminated.