POR7 Preliminary results: DOC did not find dumping factor in Vietnam shrimp

News 08:04 22/03/2013 496
(vasep.com.vn) This is the first time all Vietnamese companies in the duty review are recognized not to dump in shrimp sales to the market... This is the first time all Vietnamese companies in the duty review are recognized not to dump in shrimp sales to the market.

The preliminary results of antidumping duty administrative review on certain warm water shrimp from Vietnam in the period of 1st February 2011 to 31st January 2012 (POR7) was published recently by Department of Commerce (DOC) of the U.S DOC has determined that sales by the Minh Phu Group, Nha Trang Seafoods, two mandatory respondents and Quoc Viet, the voluntary respondent have not been made below normal value. Other separate rate companies also got zero average dumping margin.

This is the first time all Vietnamese companies in the duty review are recognized not to dump in shrimp sales to the market.

In 2012, the U.S is the second largest importers of Vietnam shrimp following Japan. Shrimp exports to the market reached US$454.5 million, making up 20 percent of the total shrimp sales of Vietnam.

In January 2013, the U.S became the biggest consumer of Vietnam shrimp with the growth rate of 36.9 percent over the same month of 2012.

POR7 Preliminary Results on warm water shrimp from Vietnam imported into the U.S from 1st February 2011 to 31st January 2012

No

Exporters

Simple average margin (%)

No

Exporters

Simple average margin (%)

1

Minh Phu Group

0

18

Minh Hai Jostoco

0

2

Nha Trang Seafoods

0

19

Seaprodex Minh Hai

0

3

Quoc Viet  Co.,Ltd

0

20

Seaprimexco

0

4

Bac Lieu Fis

0

21

Ngoc Sinh Seafoods

0

5

BIM Seafood

0

22

Ngoc Tri Seafood

0

6

Camimex

0

23

Nhat Duc Co.,Ltd

0

7

C.P Vietnam

0

24

Nha Trang Fisco

0

8

Cadovimex

0

25

Phu Cuong Jostoco

0

9

Cafatex

0

26

Phuong Nam Co.,Ltd

0

10

Cafish

0

27

Fimex VN

0

11

Cofidex

0

28

Seavina

0

12

Cuu Long Seapro

0

29

Stapimex

0

13

Seaprodex Danang

0

30

Thuan Phuoc Corp

0

14

Grobest

0

31

Ut Xi

0

15

Gallant Ocean (Vietnam)

0

32

Viet Foods

0

16

Incomfish

0

33

Viet Hai Seafood Co.,Ltd

0

17

Kim Anh Co.,Ltd

0

34

Vietnam Wide Entity

25.76

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