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Anti dumping duties dropped by European Commission on Chinese Polyethylene Terephthalate

The European Commission is planning to drop antidumping duties on imports of Chinese polyethylene terephthalate, after a review requested to extend the measures was withdrawn. The duties are likely to be stop by mid-February at the latest. In current scenario the EC has antidumping duties of up to 22.9% on imports of Chinese PET.