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Malaysia has initiated an anti-dumping duty investigation on imports of polyethylene terephthalate (PET) originating from China and Indonesia, according to a statement released by the Ministry of International Trade and Industry (MITI) on 09 August 2024.

The investigation was prompted by a petition from a domestic producer, submitted on 10 July, alleging that PET imports from these countries were being sold at prices significantly lower than their domestic selling prices. The petitioner claims that such practices have led to a surge in dumped imports in absolute terms, causing material injury to the local industry.

In response to these allegations, MITI stated, "The investigation aims to determine whether PET imports from China and Indonesia are being dumped and if these imports have caused injury to the Malaysian PET industry."

The ministry emphasized that a preliminary finding would be made within 120 days from the initiation of the probe, although the exact start date was not specified in the statement.

On 30 July 2024, the South Korean government also imposed a provisional anti-dumping duty on the import of PET from China. This move is part of a broader trend of protective measures against the import of Chinese PET resin, reflecting similar actions by the United States, Japan, and Europe.