Malaysia has levied anti-dumping taxes on Vietnam’s Biaxially Oriented Polypropylene (BOPP), as per a state agency under the Vietnamese Ministry of Industry and Trade.
The taxes, ranging from 10.41% to 21.43%, are imposed by Malaysia’s Ministry of International Trade and Industry (MITI), and effective between December 24, 2012 and April 22, 2013. This is, however, only a temporary sanction the MITI is applying for Vietnam and four other Asian countries.
Earlier in July, Malaysia initiated an anti-dumping investigation into BOPP imported from Vietnam, Taiwan, Thailand, China and Indonesia in the time span from January 1 to December 3, 2011. The inspection was launched after the plaintiff San Miguel Yamamura Plastic Films Syndicate said the Malaysian BOPP industry was suffering serious economic damage from foreign dumping activities.