Korean paper makers to file anti-dumping complaint vs Japanese rivals

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South Korean corrugated cardboard sheet makers such as Asia Paper Manufacturing Co.have decided to file an anti-dumping complaint against Japanese rivals Daio Paper Corp.and Oji Paper Co.in the first such case for Korean paper companies, according to industry sources on Sunday.Tailim Paper Co.and Korea Paper Mfg.Co.are likely to join Asia Paper to lodge a petition against the Japanese firms with the Korea Trade Commission by no later than early 2025.“Japanese companies have been dumping their surplus in our country at cheap prices, causing price distortions and serious damage to us,” said one of the sources.

Korean paper makers argue that Japanese corrugated sheets are dumped in Korea at cheaper prices than in Japan.

In Japan, Daio and Oji sell corrugated fiberboard made of 100% recycled paper for $500 per ton, but in Korea they are priced at $420-$450 per ton.

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Category: Economy

Markets: South KoreaChinaJapan

Topics: Asia Korean Paper Korea Corrugated Boxes Makers Tons Companies Fiberboard Japanese

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-15 @ 18:11:29 (4 days ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 18 words per sentence (average)

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Copyright Owner: © Korea Economic Daily

News ID: 24545233

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