Ministry Of Commerce Implements Provisional Anti-Dumping On Imported Acrylic Fiber From Japan And Korea.

In April 1st, the Ministry of Commerce announced the import of acrylic fibres originating in Japan, Korea and Turkey.

Preliminary investigation.

The Ministry of Commerce confirmed in the preliminary notice that the import cases originated in Japan, Korea and Turkey.

In the event of dumping, the Ministry of Commerce decided to implement provisional anti-dumping measures in the form of margin. Since April 2, 2016, importers of imported acrylic fibres originating in Japan, Korea and Turkey should provide the corresponding security to the Chinese customs according to the dumping margin of the companies determined by the preliminary judgment.

Acrylic fiber is a kind of copolymer made from acrylonitrile as the main monomer.

Its appearance is usually white, curly, fluffy, soft and feels like wool and its warmth retention is higher than wool. It is called "synthetic wool" and is one of the main raw materials of artificial fur industry.

It is reported that 70% of the raw materials used for artificial fur are made in Japan, and Japan's yishlan Industrial Co., Ltd. and MITSUBISHI Liyang Co., Ltd. almost monopolize the raw material supply of the global artificial fur.

Analysis of the industry, the implementation of the provisional anti-dumping measures to Japan, Japan and the three countries produce acrylic fiber, will have a major impact on the development of domestic fur industry.

Ningbo Weiyi Plush Co., Ltd. is the development base of the national fur industry. It is also the Specialized Committee Secretariat unit of the China fur textile industry association. In the list of the companies that have been collecting the margin, the Japanese Yucca Industrial Corporation and MITSUBISHI Liyang corporation are the main suppliers of raw materials.

"The acrylic materials used by the company come mainly from Dongyang spinning and MITSUBISHI Liyang, which account for 80% of all raw materials. The margin of this collection has great impact on us."

Ningbo Wei Yi chairman Yu Wanjun introduced.

Yu Wanjun said that the acrylic brand of Dongyang spinning, Japan's yexile Industrial Company, is also one of the main raw materials of the domestic fur industry. During the anti-dumping period, the import of Japanese exalon acrylic fiber enterprises will be charged 17.8% of the deposit.

Yu Wanjun introduced that the annual import of acrylic fiber reached 18 thousand tons. After the implementation of the provisional anti-dumping measures, he had to give up part of the order this year, and the import volume was expected to drop to 15 thousand tons.

"After collecting the margin, we need to pay more than 4000 yuan per ton, which will increase the cost of 60 million yuan, and the international competitiveness of enterprises will also be weakened."

Yu Wanjun believes that after collecting the deposit, some of the cost of the artificial fur industry will have to be pferred to the lower reaches, but it is impossible for the downstream to undertake all of them. Enterprises have to reduce their profits to maintain their competitiveness.

"Collecting money is not a terrible thing for the industry. It is terrible that the downstream businesses such as artificial fur clothing and home textiles will gradually shift to foreign countries, and the competitiveness of the domestic fur industry will be weakened."

Jung Yi, a Specialized Committee member of the China fur textile industry association, specializes in the trade of plush raw materials. He expects that the domestic Plush market will change considerably in the second half of this year.

Rong Yi said: "17.8% of the margin for domestic artificial fur enterprises have a relatively large impact."

He explained that the acrylic fabric of MITSUBISHI Liyang company and Korea Tai Guang Industrial Co., Ltd. can find substitutes, but only the Oriental spinning acrylic fiber can not be replaced at present.

Yu Wanjun said that the more difficult times in the market, the more we need to rely on greater efforts to innovate. Under such circumstances, the industry should work closely together to increase information exchange in technology, products and markets.