As per a Sourcing Journal report, the US Department of Commerce will continue to investigate United State International Trade Commission (USITC) claims that the US industry is being materially injured by imports of polyester- textured yarn from Indonesia, Malaysia, Thailand and Vietnam as they are allegedly sold in the US at less than fair value.
The investigation was initiated on a petition filed by US polyester textured yarn spinners Nan Ya Plastics America and Unifi Manufacturing claiming imports were being dumped in the US market below fair market value and was causing harm to their businesses. The petition listed 36 US importers of polyester textured yarn from those countries and 26 exporters combined from the four countries.
The US imported polyester textured yarn worth $38 million from the four countries in 2019. It imported another $103 million worth of the product last year from Mexico, India, Indonesia and Malaysia. The USITC public report, ‘Polyester Textured Yarn from Indonesia, Malaysia, Thailand and Vietnam’ contains the views of the commission and information developed during the investigations. It can be accessed on the USITC website.
