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March 5, 2015

United States

Higher Dumping Duties for India, Lower Duties for Vietnam

 

In its ninth preliminary review of antidumping duties, the USA Department of Commerce raised duties for Indian shrimp exporters and lowered them for Vietnamese exporters.  The review period covered frozen shrimp imports between February 1, 2013, and January 31, 2014.

 

For India, Commerce calculated antidumping rates of 3.28 percent for Devi Fisheries, 2.63 percent for Falcon Marine and an average rate of 2.96 percent for more than 200 other Indian exporters.  Commerce’s preliminary adjustment for Devi and the countrywide rate was higher than its final determination in its eight review.  Those rates were 1.97 percent and 2.49 percent, respectively.  Falcon Marine’s was the only Indian exporter to get a lower rate from its 3.01 percent final duty in the eighth review.

 

In contrast, Vietnam’s rates were adjusted downward across the board.  The shrimp duty rates were calculated at 1.50 percent for Minh Phu Group, zero percent for Fimex VN and 1.06 percent for Thuan Phuoc.  Furthermore, Commerce calculated and preliminarily assigned an average rate of 0.93 percent to all non-selected Vietnamese exporters that demonstrated their entitlement to a separate rate.  In it’s eighth review Vietnam received a countrywide rate of 6.36 percent.  Minh Phu’s previous rate was set at a higher 4.98 percent rate.

 

These rates are only preliminary.  There will be no immediate effect since rate changes only apply after the final results of an administrative review are determined.  It is possible for preliminary rate assessments to be adjusted higher, or lower between the preliminary and final determination.  Commerce can change the data based on a verification of its findings, or errors in the preliminary calculations.  Any changes to methodology based on proposed arguments can also change the rates.

 

Source: Seafood.com (an online, subscription-based, fisheries news service).  Editor and Publisher, John Sackton (phone 1-781-861-1441, email jsackton@seafood.com).  Commerce Proposes Hike in Shrimp Duties for India; Lowers Vietnamese Rates Across the Board.  Michael Ramsingh (phone 1-732-240-5330, email michaelramsingh@seafood.com).  March 4, 2015.

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