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India imposes anti-dumping duty on chemical imported from China, Korea, Thailand

November 13, 2024
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India imposes anti-dumping duty on chemical imported from China, Korea, Thailand

New Delhi - India has imposed an anti-dumping duty of up to $557 per tonne on a chemical used mainly in the adhesive industry from China, Korea, and Thailand for five years to guard domestic players from cheap imports from these nations.

The duty was imposed as the chemical – Epichlorohydrin – was exported to India from these countries at below-normal prices.

“The anti-dumping duty imposed under this notification shall be levied for a period of five years (unless revoked, superseded or amended earlier)…,” the department of revenue said in a . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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