RoundUp

The Indian government has launched an antidumping investigation into some polyester yarn from China, citing evidence for dumping, according to media reports on Tuesday.

India’s Directorate General of Anti- dumping and Allied Duties, under the Commerce Ministry, said that it has “sufficient” evidence that China is dumping high- tenacity polyester in the Indian market, the Press Trust of India reported.

The probe will cover yarn imported from April 2016 to March 2017, and it may result in antidumping duties.

China’s Ministry of Commerce on Tuesday declined to comment on the probe.