USITC Staff Report: Quartz Surfaces from India and Turkey staff report USITC | Page 116

Price trends In general, domestic prices for products 1 and 2 decreased during 2017-19, and domestic prices for products 3 to 6 increased during this period. Prices of product from India declined during 2017-19, with the largest declines in prices of product 1, while prices of all products from Turkey increased over the same time period. Table V-9 summarizes the price trends, by country and by product. As shown in the table, domestic price decreases for products 1 and 2 ranged from *** to *** percent, and domestic price increases for products 3 to 6 ranged from *** to *** during 2017-19. The decreases in the price of Indian product ranged from *** percent to *** percent. Prices increases of Turkish-produced product ranged from *** to *** percent during 2017-19. 23 Indexed U.S. producer and subject import prices show the change in price for each product since 2017 (figures V-7 and V-8). U.S. prices of products 3 to 6 were generally stable in 2017, while prices of products 1 and 2 decreased throughout 2017. Prices of U.S.-produced products increased through Q2 2018 before prices began to fall again, with the exception of product 4 which increased throughout 2018. In 2019, U.S. prices fluctuated, with most prices increasing over the year, with the exception of product 1. Subject import prices of product 1 declined throughout 2017-19, while the prices of products 2 to 6 remained stable through the second quarter of 2018. Subject import prices of products 2 to 6 fluctuated in the second half of 2018, with prices of product 4 decreasing until the fourth quarter of 2018 before rising throughout the rest of the period. 23 The *** percent increase in the price of product 2 occurred over 5 quarters of data, product 1 prices increased by *** percent over 4 quarters, and the other ranges of price increases and decreases of product from Turkey occurred over 12 quarters of data. V-19