The European Commission approved for 6 months the introduction of preliminary anti-dumping duties on birch plywood from Russia.
Individual duties are set for four Russian manufacturers: 15.7% for Vyatsky FC (part of the Segezha Group) and the Russian subsidiary of the Finnish UPM-Kymmene, 15.3% for Zheshartsky FC, 15% for Syktyvkar Federal Law. For all other plywood suppliers from Russia, the anti-dumping duty will amount to 15.9%.
The decision to impose the duty was made following an investigation initiated by the European Woodstock Consortium on behalf of a number of European plywood producers (mainly from Poland, Latvia and Lithuania). The complaint argued that prices for birch plywood imported from Russia were understated for dumping purposes, thereby damaging the EU industry.
Preliminary anti-dumping duties entered into force on June 14, 2021.The decision to re-qualify them as permanent duties will be made in the 2nd half of 2021 If approved, the permanent measures will take effect on 21 December 2021 for three years.
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