India considers anti-dumping duty on S Korea phosphoric acid

28 April 2009 11:40  [Source: ICIS news]

NEW DELHI (ICIS news)--India’s anti-dumping authority (ADA) has recommended the imposition of provisional anti-dumping duty (ADD) on phosphoric acid originating from South Korea, a government official said on Tuesday.

In preliminary findings submitted to the Finance Ministry, the ADA suggested a provisional levy of $2,108.63/tonne on all grades of phosphoric acid except fertilizer grade.

The official did not know when the Finance Ministry would implement the ADA’s recommendation. Industry sources said the ministry normally takes a month or more to make a decision in such cases.

The ADA had initiated an investigation into phosphoric acid imports in November 2008 following a petition from two domestic manufacturers: Gujarat Alkalies and Chemicals and Solaris Chemtech.

Punjab Chemicals and Crop Protection, another producer, supported the petition.

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By: Naresh Minocha
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