Exim authority moots anti-dumping duty on polymer imports from China, Thailand

The Directorate General of Trade Remedies (DGTR) in the Commerce and Industry Ministry has recommended definitive anti-dumping duty on import of flexible slabstock polyol, a polymer, from China and Thailand. 

Manali Petrochemicals Ltd, the sole producer of flexible slabstock polyol in India, had appealed for an anti-dumping probe. 

Flexible slabstock polyol is a polyether and, on reaction with catalysts and additives, yields the polyurethane foams used in upholstery, mattresses, pillows, bolsters, transport seating and packaging. It is a viscous liquid transported in tankers or stored in steel drums. 

The DGTR has recommended a definitive anti-dumping duty of $534 per tonne on import of flexible slabstock polyol produced by Wanhua Chemical Group in China. For other Chinese producers the recommended anti-dumping duty was $608 per tonne. 

In the case of Thailand, the DGTR recommended anti-dumping duty of $470 per tonne on import from GC Polyols Company Ltd and $480 per tonne for other producers. 

A definitive anti-dumping duty lasts for five years unless revoked earlier. 



Crime Today News | Business & Economy

Source | Powered by Yes Mom Hosting

Crime Today News

Welcome to Crime Today News, your trusted source for timely and unbiased news coverage. Since our inception in 2014, we have been dedicated to delivering the latest updates to our valued readers and viewers across Telangana.

Related Posts