At the request of the Pakistan Court of Appeal, Pakistan National Customs Commissioner plans to reopen the anti-dumping investigation of polyester filament yarn and adjust the anti-dumping duty on the products involved to 2.78-6.82 per cent for China and 3.16 per cent for Malaysia. The measure is valid until August 25, 2022. The anti-dumping investigation initiated by Pakistan against China's PFY found the adjusted anti-dumping duty rate has declined.

In recent years, Pakistan’s exports of PFY grew year on year due to rapidly growing demand for textiles. Reduction of anti-dumping duty rate is undoubtedly a great boon. In 2021, China's PFY exports to Pakistan reached a record high of 257kt, accounting for nearly 9 per cent of exports, most of which need to be subject to anti-dumping duties.

With adjustment of anti-dumping duty rates at the beginning of the year, it means most PFY exported to Pakistan before August 25, 2022 can enjoy the dividend of reduced anti-dumping duties, which to a certain extent increases the export competitiveness of China-made PFY.