WASHINGTON - The U.S. Department of Commerce said findings from its preliminary countervailing duty investigation of hardwood plywood and decorative plywood from China will be delayed until Feb. 26.
Initial results were to be released in December. The postponement of the preliminary CVD determination was by request of the Coalition for Fair Trade of Hardwood Plywood and its members, the group which initiated the antidumping and countervailing petition in September. CFTHP's petition documented antidumping and countervailing duty margins in excess of 300 percent.
Last month, the U.S. International Trade Commission voted unanimously "that there is a reasonable indication that a U.S. industry is materially injured by reason of imports of hardwood plywood from China that are allegedly subsidized and sold in the United States at less than fair value."
A preliminary antidumping duty determination is set to be made on or about March 6, 2013.
The antidumping petition is being challenged by the American Alliance of Hardwood Plywood (AAHP). The AAHP says the hardwood plywood product manufactured in China uses thinner veneer than that which is manufactured in the United States.
Hardwood plywood and decorative plywood are used in a number of products manufactured in the United States, including furniture, cabinetry and components.
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