Chem­i­cal from Thai­land Faces Anti-dump­ing Duty

The Economic Times - - Economy: Macro, Micro & More -

The gov­ern­ment is likely to im­pose anti-dump­ing duty of up to $135.40 per tonne on im­ports of a chem­i­cal used in foam mak­ing from Thai­land. The move is aimed at pro­tect­ing do­mes­tic play­ers from cheap im­ports of 'Flex­i­ble Slab­stock Polyol' from the South-East Asian coun­try. The ap­pli­ca­tion for the anti-dump­ing in­ves­ti­ga­tion was filed by Manali Petro­chem­i­cals on be­half of the do­mes­tic in­dus­try. The com­pany has claimed that these ac­count for more than 95 of the to­tal pro­duc­tion for the prod­uct. In its fi­nal find­ings, the Direc­torate Gen­eral of Anti-Dump­ing and Al­lied Du­ties (DGAD), un­der the com­merce min­istry, has con­cluded that the do­mes­tic in­dus­try has suf­fered ma­te­rial in­jury due to the dumped im­ports from Thai­land. “The au­thor­ity con­sid­ers it nec­es­sary to rec­om­mend im­po­si­tion of de­fin­i­tive anti-dump­ing duty on im­ports of the sub­ject goods (chem­i­cal) from Thai­land,” DGAD said in a no­ti­fi­ca­tion.

NEW DELHI

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