Dozens Of Chinese Producers Gain On Antidumping Review

August 9, 2007  by in UnCategorized   

By Home Furnishings Business in Case Goods on August 2007 Providing good news to dozens of bedroom importers—and extremely bad news for at least one producer—the Department of Commerce on Wednesday announced the final results of the antidumping duty review on imports of wooden bedroom furniture from China.

Forty-one companies that were approved for separate rate status gained a duty rate of 35.38 percent, down from a preliminary duty rate of 62.94 percent. That rate was locked in based on the final dumping margins for five companies the Commerce Department selected as mandatory respondents. The duty rates of those companies ranged from 0.53 percent for Shanghai Aosen (previously 1.24 percent) to 216.01 percent for Starcorp Furniture (up from 74.69 percent previously), because, according to the Commerce Department’s announcement, Starcorp “did not cooperate to the best of its ability in this administrative review.”

Duty rates for three other mandatory respondents declined: The new rates include Fine Furniture, 1.97 percent (previously 2.13 percent); Foshan Guanqui, 11.72 percent (13.26 percent); and Dare Group, 48.97 percent (58.84 percent).

The review covers imports of wooden bedroom furniture from June 24, 2004, through Dec. 31, 2005. In addition, these rates also become the new cash deposit rates on wooden bedroom furniture from China.

The Department of Commerce received requests from more than 100 companies. After withdrawals, 57 companies became subject to the review. Altogether, 41 companies were approved for separate rate status and 11 were denied. A listing of the companies that qualified for Separate-Rate Status (35.38 percent) is available online: http://ia.ita.doc.gov/download/factsheets/factsheet-prc-wbf-080807.pdf