Commerce's correction to Thai shrimp duty review to have no impact on final 1.10% rate
SEAFOODNEWS.COM by Michael Ramsingh - October 17, 2014
A technical correction made to the Department of Commerce's shrimp antidumping duties for Thailand's TUF and Pakfoods will have no impact on the 1.10% cash deposit rate that was announced back in August.
Commerce posted an amended footnote in the Federal Register yesterday to its final eighth review that assessed Thai shrimp exports between February 1, 2012 and January 31, 2013.
According to the Department there was an error in how the margins were stated for Thai Union and Pakfood. The issue was related to TUF's purchase of 40% of Pakfood's share back in December 2011. In the correction notice Commerce said the rates calculated for Thai Union and Pakfood for the period February 1, 2012, through April 22, 2012, are 2.09 percent and zero percent, respectively...
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