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.?xml:namespace>
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.
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