India increases ADD on Qatari caustic soda imports

28 March 2008 16:12  [Source: ICIS news]

NEW DELHI (ICIS news)--India announced on Friday a substantial hike in anti-dumping duties (ADD) on caustic soda imports from Qatar, which will remain in force for five years as the prevailing one has expired.

 

The hike is implicit as reflected in an increase in the reference price (RP), which serves as benchmark for the calculation of ADD.

 

The RP has been increased to $349.6/tonne from $267.82/tonne in the case of product originating from the Qatar Vinyl Company and from $271.10/tonne in the case of imports from other companies.

  

ADD is calculated as the difference between RP and the landed value of the consignment at Indian ports.

By: Naresh Minocha
+65 6780 4359

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