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            COUNCIL REGULATION (EC) No 639/2005

of 25 April 2005         

imposing a definitive anti-dumping duty on imports of furfuraldehyde originating in the People's Republic of China following an expiry review pursuant to Article 11(2) of Regulation (EC) No 384/96

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European Community,

Having regard to Council Regulation (EC) No 384/96 of 22 December 1995 on protection against dumped imports from countries not members of the European Community (1) (‘the basic Regulation’), and in particular Article 11(2) thereof,

Having regard to the proposal submitted by the Commission, after consulting the Advisory Committee,

Whereas:

A.   PROCEDURE

1.   Measures in force

2.   Initiation of expiry review investigation

3.   Parties concerned by the investigation

B.   PRODUCT CONCERNED AND LIKE PRODUCT

1.   The product concerned

2.   Like product

C.   LIKELIHOOD OF CONTINUATION OF DUMPING

1.   Preliminary remarks

2.   Analogue country

3.   Normal value

4.   Export price

5.   Comparison

6.   Dumping margin

7.   Development of exports should measures be repealed

(a)   Exports

(b)   Unused capacity in the PRC

(c)   Exports for inward processing

8.   Conclusion on the likelihood of a continuation of dumping

D.   DEFINITION OF THE COMMUNITY INDUSTRY

E.   SITUATION OF THE COMMUNITY MARKET

1.   Community consumption

Table 1Community consumption
2000

2001

2002

IP

Tonnes

38 699 

45 005 

38 007 

41 513 

Index

100

116

98

107

Y/Y trend

16 

– 16 

9 

2.   Imports from the PRC

(a)   Volume, market share and prices

3.   Economic situation of the Community industry

(a)   Production

Table 3Community production
2000

2001

2002

IP

Index

100

94

87

85

Y/Y trend

– 5,8 

– 7,3 

– 2,2 

(b)   Production capacity and capacity utilisation

Table 4Community capacity
2000

2001

2002

IP

Index

100

104

100

99

Y/Y trend

3,9 

– 3,4 

– 1,2 

(c)   Sales in the Community

Table 6Sales volume
2000

2001

2002

IP

Index

100

96

87

87

Y/Y trend

– 4,4 

– 9,4 

0,3 

(d)   Prices

Table 7Community industry sales prices
2000

2001

2002

IP

Index

100

127

135

134

Y/Y trend

27,2 

6,0 

– 0,6 

(e)   Market share

Table 8Community industry's market share
2000

2001

2002

IP

Index

100

82

88

81

(f)   Stocks

Table 9Stocks
2000

2001

2002

IP

Index

100

103

128

122

Y/Y trend

3,5 

23,3 

– 4,1 

(g)   Profitability

Table 10Profitability
2000

2001

2002

IP

Index

100

235

133

146

Y/Y trend

135,1 

– 43,5 

9,3 

(h)   Cash flow

Table 11Cash flow
2000

2001

2002

IP

Index

100

141

104

107

Y/Y trend

41,1 

– 26,0 

2,5 

(i)   Investments, return on investments and ability to raise capital

Table 12Investments
2000

2001

2002

IP

Index

100

93

63

98

Y/Y trend

– 6,8 

– 32,8 

55,9 

(j)   Employment, productivity and wages

Table 14Employment
2000

2001

2002

IP

Index

100

75

84

82

Y/Y trend

– 25,0 

12,1 

– 2,7 

(k)   Magnitude of the dumping margin and effects of past dumping or subsidization

(l)   Growth

4.   Effect of other factors

(a)   Prices of raw materials

(b)   Export activity of the Community

(c)   Import volumes and prices from other third countries

5.   Conclusion on the situation of the Community industry

F.   LIKELIHOOD OF RECURRENCE OF INJURY

G.   COMMUNITY INTEREST

1.   Preliminary remark

2.   Interest of the Community industry

3.   Interest of unrelated importers/traders

4.   Interest of users

5.   Competition aspects

6.   Conclusion on Community interest

H.   FINAL PROVISION

HAS ADOPTED THIS REGULATION:

Article 1

1.   A definitive anti-dumping duty is hereby imposed on imports of 2-furaldehyde (also known as furfuraldehyde or furfural) falling within CN code 2932 12 00 originating in the People's Republic of China.

2.   The amount of duty applicable is EUR 352 per tonne.

3.   In cases where goods have been damaged before entry into free circulation and, therefore, the price actually paid or payable is apportioned for the determination of the customs value pursuant to Article 145 of Commission Regulation (EEC) No 2454/93 (6), the amount of the anti-dumping duty, calculated on the basis of paragraph 2 above, shall be reduced by a percentage which corresponds to the apportioning of the price actually paid or payable.

4.   Unless otherwise specified, the provisions in force concerning customs duties shall apply.

Article 2

This Regulation shall enter into force on the day following its publication in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Luxembourg, 25 April 2005.

For the Council

The President

J. ASSELBORN            

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(1)OJ L 56, 6.3.1996, p. 1. Regulation as last amended by Regulation (EC) No 461/2004 (OJ L 77, 13.3.2004, p. 12).

(2)OJ L 15, 21.1.1995, p. 11.

(3)OJ L 328, 22.12.1999, p. 1.

(4)OJ C 72, 26.3.2003, p. 2.

(5)OJ C 308, 18.12.2003, p. 2.

(6)OJ L 253, 11.10.1993, p. 1. Regulation as last amended by Regulation (EC) No 2286/2003 (OJ L 343, 31.12.2003, p. 1).

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