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large acrylic letters
Dear Chairman Shaw:
This letter is being written in response to your request for comments
on the impact of suspending duties on certain acrylic/modacrylic
yarn as proposed in H.R. 2591. The duty on the yarn in question
currently stands at 9 percent, but H.R. 2591 proposes to take
that duty to zero. The yarn in question is classified under USHTS
subheading 5509.31.00, defined as "Yarn (other than sewing
thread) of synthetic staple fibers, not put up for retail sale:
Containing 85 percent or more by weight of acrylic or modacrylic
staple fibers: Single yarn," contained in Category 604. Having
analyzed this market, NCTO has come to the conclusion that suspending
or eliminating the 9 percent duty on acrylic/modacrylic yarns
would devastate the domestic producers of these products in a
short time.
Domestic Production of Acrylic/Modacrylic Yarn
Given the large amount of acrylic/modacrylic yarn produced in
the United States, we were surprised by this particular piece
of legislation. The chart below provides production quantities
for acrylic and modacrylic yarns for the last few years. The fact
that the Census data do not break out single and plied yarn is
immaterial since plied yarns are formed by twisting single yarn
strands. A producer can sell yarn as a single (5509.31.0000) or
a plied (5509.32.0000) according to customer demand.
Census quit reporting sales yarn production with the 2003 data,
but most production is sold on the open market. Despite declines
in production in recent years, the industry still is able to produce
a massive quantity of the subject product. The decline in domestic
acrylic/modacrylic yarn production is attributable largely to
increased foreign competition. Another obstacle facing producers
is the closure of the last acrylic fiber production in the U.S.
Producers are forced to pay duty on all acrylic/modacrylic fiber
imports, and the yarns made from these fibers do not qualify for
special duty treatment with our free trade agreement partners
around the world except in Canada.
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