The United States International Trade Commission (USITC) set forth pertinent dates Friday for the ongoing investigation and vote regarding the alleged illegal dumping of biodiesel from Argentine and Indonesian producers.
The USITC plans to hold a questionnaire for industry participants on 6 April, 2017, with a report to the commission scheduled for 1 May, 2017. The agency will hold a proposed vote on Friday 5 May, 2017, with final determinations issued the following Monday, 8 May, 2017.
The alleged illegal dumping petition, penned by the National Biodiesel Board Fair Trade Coalition (NBB), claims to implement dumping margins of 23.3pc for Argentine and 34.0pc for Indonesian producers. The calculation is based on NBB’s estimated 464pc growth rate in combined imports from each country between 2014 and 2016, leading to a loss of 18.3 percentage points of market share from US manufacturers.
Meanwhile, the Advanced Biofuels Association (ABFA) rebuked allegations made by the National Biodiesel Board (NBB) Thursday, admonishing the allegations as “simply not true,” while adding that the ABFA and its members vehemently oppose the NBB’s actions, and expect its petition to the US Department of Commerce and the US International Trade Commission to be rejected.
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