Comment by HauntingPin
6 hours ago
I thought the same but when I googled, the results disagreed with this point of view.
https://en.wikipedia.org/wiki/Dumping_(pricing_policy)
All the laws listed there define dumping as something being sold below the "normal price" and there being some quantifiable harm being done to local industry of the country being exported to.
So it has nothing to do necessarily with the cost of production, and based on this it could be considered price dumping.
That's merely the marginalists at the WTO struggling to fit their beliefs that value is subjective and unkowable into the reality of commodity production.
Okay, so what official sources do you base your definition of price dumping on? Nobody is asking for your opinion on what you think price dumping is. This is a legally recognised thing, not just some random talking point.
The normal price is not the same as the market price. The normal price is what we had last year. The market price is higher than normal, due to a sudden demand spike and production shifting to HBM.
More manufacturing capacity coming online to return the price to normal is not dumping, it's how markets are supposed to operate.
Dumping would be e.g. if China used subsidies to sell DRAM at a price below what unsubsidised manufacturers can sell at, in an effort to push them out of the market.