The norm indicated that “given the levels of undervaluation detected, said increase would also have the effect of reducing national prices, affecting the profitability of the national industry, which today is already working with unit margins below the reference level for the sector”.
The models under study are “Bicycles with wheels over 26 with and without gear” and according to the study of the Undersecretariat of Commercial Policy and Management “the existence of a margin of dumping for the initiation of this investigation of 33.02% was determined.”
The resolution specified that “from the price comparisons it was observed that those of the product imported from China were significantly lower than the national ones, both at the first sale level and at the importer’s warehouse level” and that “the undervaluations ranged from 35% and 41% at the importer’s warehouse level and between 26% and 33% at the first sale level”.
Source: Ambito
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