India levies anti-dumping duty on potassium carbonate imports

11 June 2009 15:05  [Source: ICIS news]

NEW DELHI (ICIS news)--India has imposed new anti-dumping duty (ADD) on potassium carbonate imports from the EU, China, South Korea and Taiwan, a government official said on Thursday.

The five-year levy was imposed with immediate effect following the lapse of the previous ADD on 9 June. The company-specific definitive ADD ranges from $9.45/tonne to $123.86/tonne.

The Finance Ministry introduced the levy following a recommendation from India’s anti-dumping authority (ADA), which last month completed a sunset review of the previous ADD, imposed in February 2004.

Potassium carbonate is used in the manufacture of pesticides, pharmaceuticals, dyes and ophthalmic glasses.

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By: Naresh Minocha
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