Chemical from Thailand Faces Anti-dumping Duty
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.