• ITVI.USA
    15,948.420
    108.680
    0.7%
  • OTLT.USA
    2.798
    -0.001
    0%
  • OTRI.USA
    22.010
    -0.060
    -0.3%
  • OTVI.USA
    15,936.600
    100.010
    0.6%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
  • ITVI.USA
    15,948.420
    108.680
    0.7%
  • OTLT.USA
    2.798
    -0.001
    0%
  • OTRI.USA
    22.010
    -0.060
    -0.3%
  • OTVI.USA
    15,936.600
    100.010
    0.6%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
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Commerce finds Chinese bedroom furniture dumped on market

Commerce finds Chinese bedroom furniture dumped on market

   The U.S. Commerce Department made a final determination that imports of wooden Chinese bedroom furniture are being dumped on the U.S. market to the detriment of American manufacturers.

   Dumping is the import of goods at a price below the domestic market or a third-country price or below the cost of production.

   In a determination Tuesday, the Commerce Department calculated dumping margins ranging from 0.79 percent to 198.08 percent. A dumping margin represents by how much the fair value price exceeds the dumped price.

   The top rate for dumping margins remains unchanged from the department’s preliminary determination made in June. However the department decided that 115 companies qualify for a separate rate of 8.64 percent. The department said those companies account for 65 percent of Chinese wooden bedroom furniture imports.

   The final dumping margins include:

   * Dongguan Lung Dong Furniture Co. Ltd. and Dongguan Dong He Furniture Co. Ltd., 2.22 percent.

   * Rui Feng Woodwork Co. Ltd., Rui Feng Lumber Development Co. Ltd., and Dorbest Ltd., 16.7 percent.

   * Lacquer Craft Manufacturing Co. Ltd., 6.95 percent.

   * Markor International Furniture (Tianjin) Manufacture Co. Ltd, 0.79 percent.

   * Shing Mark Enterprise Co. Ltd., Carven Industries Ltd. (BVI), Carven Industries Ltd. (HK), Dongguan Zhenzin Furniture Co. Ltd., and Dongguan Yongpeng Furniture Co. Ltd., 5.07 percent.

   * Starcorp Furniture (Shanghai) Co. Ltd., Orin Furniture (Shanghai) Co. Ltd., and Shanghai Starcorp Furniture Co. Ltd., 15.24 percent.

   * Tech Lane Wood Manufacturing and Kee Jia Wood Manufacturing, 198.08 percent.

   Imposition of antidumping duties equal to the dumping margins requires final affirmative determinations both from the Commerce Department that dumping occurred and from the U.S. International Trade Commission that the imports hurt U.S. manufacturers.

   The ITC’s final determination is due no later than Dec. 23. If the ITC finds injury or threat of injury to U.S. industry, the Commerce Department will issue an antidumping order and instruct Customs and Border Protection officers to collect cash deposits on subject imports at the applicable rate.

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