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Thai, Malay chipboard exports to Korea under investigation


September 26, 2008

Thai, Malay chipboard exports to Korea under investigation
South Korea is considering taking anti-dumping measures against Thai and Malaysian chipboard imports following a preliminary investigation into possible damage to local firms, Korean state news agency Yonhap quoted the government as saying Thursday.

The Korea Trade Commission (KTC) said an initial investigation that began in April revealed illegal price cutting that hurt South Korean manufacturers of the wood product. KTC said, however, that no provisional actions, including the slapping of antidumping duties, will be taken until a public hearing and on-site inspections take place.

Particle board, also called chipboard, is a type of engineered wood product manufactured from wood chips and sawdust mixed with glue that is then pressed into various types of boards and used to make furniture.

The probe was initiated at the request of the Korea Wood Panel Association in March. The final ruling is expected around December.

The domestic market stands at 242.4 billion won ($208.2 million) as of 2007, with local products making up 58.1 percent of the supply. The particle boards from Thailand and Malaysia that are being investigated account for 39.9 percent of market demand.


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