Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The US Department of Commerce preliminarily determined that producers of walk-behind lawnmowers from China made sales in the US at less than fair value (LTFV). 

 

Commerce selected Ningbo Daye Garden Machinery as the mandatory respondent for the LTFV investigation for the period, October 1, 2019, through March 31, 2020. In its initial findings, the agency assigned a weighted-average antidumping (AD) margin of 67.95pc on the subject merchandise, along with a cash deposit rate of 57.39pc. 

 

Along with Ningbo, the AD duty was also assigned to nine other companies from China, including – Chongqing Dajiang Power Equipment, MTD Machinery, Qianjiang Group Wenling Jennfeng Industry, Sumec Hardware & Tools, Zhejiang KC Mechanical & Electrical, Zhejiang Dobest Power Tools, Zhejiang Dobest Power Tools, Zhejiang YAT Electrical Appliance, and Zhejiang Zhongjian Technology. 

 

An all-others AD rate of 84.26pc and cash deposit rate of 73.72pc was also imposed for other lawnmower exporters from China. 

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