The U.S. International Trade Administration has made a final determination that Chinese producers of cabinets and vanities are dumping these goods into the U.S.  market at less than fair market values.

In this determination, announced Friday, it assigned Chinese manufacturers final weighted-average dumping margins between 4.37% and 262.18%, with most falling around 48.5%. Based on these margins, it has assigned cash deposit duty rates up to 251.64%, with most falling at 37.96%.

In order for the duties to take effect, the U.S. International Trade Commission must still determine – within 45 days of the Feb. 28 announcement – whether the U.S. industry has faced injury or has been materially injured by the unfairly priced imports.

One company, Zhongshan Fookyik Furniture Company, had an estimated weighted average dumping marketing of 4.37% but a cash deposit rate of 0 percent.

Another 306 producers had weighted average dumping rates of 48.5% and cash deposit rates of 37.96%. Four other producers, which export through Foremost Worldwide Company, had weighted average dumping margins of 101.46% and cash deposit rates of 90.92%.

Dalian Meisen Woodworking Co. Ltd. had an estimated weighted average dumping margin of 262.18% and a cash deposit rate of 251.64%. These also are the rates assigned to those companies that are considered part of what is called the China-Wide Entity.

These duties would be assigned to various producers but paid by the importers of the subject merchandise.

Source: Furniture Today