The Philippine Tariff Commission is holding a series of public hearings to look into claims that gypsum boards imported from Thailand are being sold at unfairly low prices. This investigation came after a complaint from Knauf Gypsum Philippines, Inc., the only manufacturer of gypsum boards in the country, which says these low prices are harming local businesses.
What’s Happening With the Investigation
The investigation officially started on November 22, 2024. The Commission wants to find out if Thai exporters are selling their gypsum boards for less than what they charge in Thailand, which could hurt local producers. If they find evidence of this unfair price competition, they might introduce duties to support the local industry.
Public Hearings and Input from the Community
To gather information, the Commission has organized public hearings where different groups, including local manufacturers, importers, and consumers, can share their views and evidence. These hearings are a key part of the investigation, ensuring that everyone with an interest in the issue can have their say.
Effects on the Construction Industry
Gypsum boards are crucial for construction, mainly used to build interior walls and ceilings. The outcome of this investigation could greatly affect how available and how much gypsum boards cost in the Philippines. If the Commission decides to impose duties, the price of imported boards from Thailand might go up, which could increase costs for construction projects. However, this might also help local manufacturers compete better and boost production at home.
What Comes Next in the Investigation
After the public hearings, the Tariff Commission will review the information and testimonies they gathered to see if unfair pricing is happening and if it has hurt local businesses. If they find that it has, they might recommend imposing specific duties on the gypsum board imports from Thailand. These duties would aim to address the unfair pricing and strengthen local manufacturing.
People in the construction industry will closely watch the Commission’s decision, as it will affect market conditions and prices in the near future.
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