European hardwood plywood producers are celebrating the imposition of up to 62.4% provisional anti-dumping duties on Chinese hardwood plywood imports by the European Commission.
EU plywood producers had originally made a complaint – via the Greenwood Consortium on August 27, 2024, – that they were suffering due to cheaper Chinese hardwood plywood products being exported to the EU. A European Commission investigation started on October 11, 2024.
The Commission’s report agreed that the EU hardwood plywood manufacturing sector had been injured by the Chinese imports.
“The current level of profitability of the Union industry is unsustainable,” the EU concluded.
“The imposition of measures is expected to allow the Union industry to raise sales prices and regain its profitability.”
A provisional anti-dumping duty rate of 62.4% is being imposed on PRC hardwood plywood imports, except for the manufacturer Pizhou Jiangshan Wood Co Ltd which will have a 25.1% rate.
“The individual company anti-dumping duty rate specified in this regulation was established on the basis of the findings of this investigation.”
Poland-based Paged Plywood welcomed the decision.
“This move is a clear stance in defence of fair competition and against long-standing practices of price dumping and customs circumvention by Chinese exporters,” it said.
The Greenwood Consortium released a statement following publication of the EC decision.
“We welcome the Commission’s decision to impose provisional anti-dumping duties but, to level the playing field genuinely, we call for definitive duties to be even higher than these provisional levels in the final decision later this year,” it said.
“We also deeply appreciate the Commission’s proactive approach to addressing circumvention attempts by Chinese exporters.”
For a comprehensive report on the duties see the June/July issue of WBPI
