The European Union removed anti-dumping duties on Polyester Staple Fibers from India, Indonesia, Thailand and Australia. This should result in higher sales on the European market, helping to absorb excess capacities in Asia. EU still maintains anti-dumping duties on PSF from China, Korea, Belarus and Saudi Arabia.

The European Union removed anti-dumping duties on polyester staple fibers from India, Indonesia, Thailand and Australia. The duties were set to expire in 2005 but had been extended during the expiry review. Duties ranged between 14.70% and 35.40% for Indian exports of PSF, 8.40% and 15.80% for Indonesian fibers and 15.50% to 27.70% for Thai similar products.

The European Commission actually refused reimposing duties for 5 more years, as requested by European fiber producer association, the CIRFS. Brussels maintains anti-dumping duties on PSF imports from Belarus and most importantly from China, South Korea and Saudi Arabia.

Duties on Chinese products range between 4.90% and 49.70% while those on Korean PSF are between 0% and 10.60%. Duties will not expire before 2010. In addition, two investigations were launched on PSF from Malaysia and Taiwan. EU's decision to repeal sanctions on Indian, Indonesian and Thai products could offer an opportunity to develop sales on EU's market. The CIRFS denounced the decision, as production capacities could now too high in these countries.