EU launches anti-dumping investigation into Chinese plywood imports amid concerns
Posted on October 18, 2024 |
The European Union is starting an anti-dumping investigation into Chinese plywood imports because of a rise in cheap hardwood plywood that is believed to come from Russia.
The Greenwood Consortium, which represents forest owners, loggers, and suppliers, filed a complaint against China in late August, claiming that low-priced imports are undercutting European companies and may come from conflict timber areas.
EU countries like Poland, Finland, the Baltic States, and France are significant plywood producers facing increased competition from Chinese imports.
Reports suggest that Russia is sending hardwood to China, which is then used for plywood production, despite a ban on Russian timber in the EU.
The EU has already imposed tariffs on birch plywood from Kazakhstan and Turkey due to the presence of Russian materials.
This investigation is likely to take more than 12 months, and all Chinese plywood imports will be tracked at EU borders for possible retroactive tariffs.