Malaysia to impose anti-dumping duty on FCB from Thailand

Malaysia will impose a provisional anti-dumping duty on fiber cement board (FCB) imported from Thailand, Malaysia's Ministry of International Trade and Industry said in a statement on Friday.

The Malaysian government initiated an anti-dumping investigation which alleged that FCB imports from Thailand were being imported into Malaysia at a price much lower than the price in the domestic market of the alleged country.

"The petitioner claims that this is causing material injury to the domestic industry in Malaysia," it said, adding that the duties would range from 13.96 percent to 63.10 percent on FCB imports from Thailand.

The duty will be effective not more than 120 days from the date of the government gazette, the statement added.