For foreign trade, always pay attention to foreign information is also an important part of ordinary work. Today, I believe that many friends in the stone industry have heard that the quartz anti-dumping preliminary layouts in foreign countries actually amount to 341%, which is simply astronomical.
On November 13, 2018, the U.S. Department of Commerce (DOC) made a preliminary anti-dumping ruling on quartz countertops imported from China.
The dumping margin of Foshan Yixin Stone Co. Ltd. (Xinyixin Co. Ltd.) is 341.29%, and the provisional deposit rate of anti-dumping is 314.10% after eliminating the countervailing duty rate.
The dumping margin of CQ International Limited (Meiyang Stone) is 242.10%, and the provisional deposit rate of anti-dumping is 242.10%.
The dumping margin of Guangzhou Hercules Quartz Stone Co., Ltd. (Haiglis) is 289.62%, and the provisional deposit rate of anti-dumping is 262.43% after the countervailing duty rate is removed.
The dumping margin of other Chinese producers/exporters with separate tax rates is 290.86%, and the provisional deposit rate of anti-dumping is 263.67% after eliminating the countervailing duty rates.
The dumping margin of Chinese producers/exporters who do not receive a separate tax rate is 341.29%, and the provisional deposit rate of anti-dumping after eliminating the countervailing tax rate is 314.10%.
According to preliminary analysis, the reason why DOC ruled high tax rate in the preliminary ruling of this case was that Mexico was chosen as an alternative country. In Mexico, alternative prices such as quartz sand (the key raw materials for the products involved) are extremely high. The specific dumping calculation needs further analysis.
In the preliminary dumping ruling, DOC initially recognized that all companies had a "state of emergency", so it would impose an anti-dumping deposit on the imported products involved 90 days before the suspension of customs clearance. The U.S. Department of Commerce is expected to make a final anti-dumping ruling in this case in early April 2019.
In this regard, the Chinese Chamber of Commerce, the Ministry of Commerce and the Chinese Stone Association are ready to immediately launch the non-destructive defense of artificial quartz in the United States.
It is understood that as long as the non-damage plea can prove one of the following three points, the existing preliminary ruling is cancelled completely:
First, Chinese products are harmless to American enterprises.
Second, Chinese enterprises have not dumped.
Third, there is no necessary link between dumping and injury.
According to people familiar with the situation, although the current situation is difficult, but there are still opportunities. And American importers are working hard with Chinese stone companies to cope.