The Department of Trade and Industry (DTI) recently urged the Tariff Commission (TC) to probe the reported surge in the volume of imported resins, particularly high-density polyethylene (HDPE) and linear low-density polyethylene (LLDPE).
The Department of Trade and Industry recently urged the Tariff Commission to probe the reported surge in the volume of imported resins, particularly high-density polyethylene and linear low-density polyethylene .
“The duties are being requested to safeguard the local manufacturing industry,” said a spokesperson for the petitioning company, adding, “Historically, HDPE and LLDPE imports tend to undercut the prices of the domestic industry.” The country’s Ministry of Commerce and Industry said the ADD to be levied are proportional to the estimated damage incurred on sole domestic LDPE producer Reliance Industries Ltd., between the years 2016 and 2017 and 2018 and 2019. The ADD was pegged between $17.05 and $216.76 per ton on various producers and suppliers from said countries.
The leading petrochemical firm in the Philippines claimed in its filing of the safeguard measures petition, that the volume of HDPE and LLDPE—the key raw materials used in many consumer products—being imported into the country in the recent years were in quantities that are substantial to cause serious injury to the local petrochemical industry.
In its initial reports, DTI found that there was a substantial increase in imported HDPE from 2015 to 2019. This is especially true in 2016 with a 181-percent increase, and 2019 posing a 26-percent increase.
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