The Department of Commerce published the final affirmative results for LTFV investigation and countervailing duty investigation of rubber bands from China in Federal Register on November 20, 2018.
For LTFV investigation, the DOC continued to determine that rubber bands from the People’s Republic of China (China) are being, or are likely to be, sold in the United States at less than fair value (LTFV) during the period of investigation (POI) July 1, 2017, through December 31, 2017. As the DOC did not receive any responses from certain exporters and/or producers of subject merchandise that were named in the Petition, Commerce continued to consider them to be a part of the China-wide entity, the final weighted-average dumping margin for China-Wide entity is 27.27%.
For countervailing duty investigation, because the mandatory respondents did not cooperate to the best of their abilities in responding to requests for information in this investigation, DOC drew adverse inferences in selecting from among the facts otherwise available. Therefore, consistent with the Preliminary Determination, DOC continue to apply adverse facts available (AFA) to Graceful, Moyoung, and Ningbo Syloon. The estimated countervailable subsidy rates are as follows:
Subsidy rate (percent)
Graceful Imp. & Exp. Co., Ltd
Moyoung Trading Co., Ltd
Ningbo Syloon Imp & Exp Co., Ltd