📦Preliminary Antidumping Duty Review on PET Resin from Oman
Polyethylene Terephthalate Resin From the Sultanate of Oman: Preliminary Results of Antidumping Duty Administrative Review; 2023-2024
Summary
The U.S. Department of Commerce (Commerce) preliminarily determines that OCTAL SAOC FZC (OCTAL), the mandatory respondent in this administrative review of the antidumping duty (AD) order on polyethylene terephthalate resin (PET resin) from the Sultanate of Oman (Oman), sold subject merchandise at less than normal value (NV) during the period of review (POR) May 1, 2023, through April 30, 2024. Interested parties are invited to comment on the preliminary results of this administrative review.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$$ - High
The text outlines preliminary findings related to antidumping duties for polyethylene terephthalate resin, indicating compliance requirements and potential financial liabilities for businesses involved in trade with Oman. This impacts pricing and trade strategy for importers like OCTAL and can affect overall market dynamics.