Preliminary Scope Ruling on Cabinets Imported from Malaysia and Vietnam
KCMA is pleased to announce that the United States Department of Commerce (“Commerce”) issued a preliminary affirmative scope ruling on March 17, 2023, with respect to Chinese wooden cabinets, vanities, and components thereof (“WCV”) being shipped through Malaysia and Vietnam to avoid antidumping and countervailing duty (“AD/CVD”) orders on WCV from China. This memorandum summarizes…
Fossil fuel prices are likely to outperform green alternatives by 2025 based on the research report
In order to comply with the more stringent emissions regulations of the International Maritime Organization (IMO) and the European Union (EU), shipowners have begun to act aggressively to tackle the emerging problem of decarbonization and methanol as a main solution. And methanol is the most viable alternative fuel being considered by container shipping, according to…
Expect a recovery in goods imports from Asia to the US in the second half of 2023
After the Covid-19 pandemic was brought under control, goods imported into the US have decreased markedly since the second half of 2022 to settle inventories. This situation is still extending into the second quarter of 2023. This leads to forecasts of a substantial recovery in US retail imports in the second half of 2023. Weak…
Commodities and industrials: Quick chemicals, flat steel
Chemicals producer BASF has flagged that shipping conditions are still influencing its supply chain decisions as “for certain port pairs we still do not have the reliability we would like to have, which is needed to reduce our working capital and our stocks.” – While BASF has reliability concerns, the pace of deliveries of chemicals…
