India considers definitive anti-dumping duties on polyester yarn

09 October 2009 15:38  [Source: ICIS news]

NEW DELHI (ICIS news)--India is considering levying definitive anti-dumping duties (ADD) on imports of all major polyester yarns, excluding partially oriented yarn (POY), from China, Thailand and Vietnam, a government official said on Friday.

The country’s anti-dumping authority has advised the government to impose duties at different rates on imports from specified companies, he added.

The recommended duties vary from the lowest $80/tonne on exports by Thailand’s Indorama Polyester Industries to the highest $547/tonne on exports by all Chinese companies excluding Tongkun Group Hengsheng Chemical Fibre Co and Jiangsu Hengli Chemicals Fibre Co. 

The anti-dumping authority has recommended that definitive duties be imposed retroactively from 26 March.

The products covered by the anti-dumping probe are described as “all fully drawn or fully oriented yarn or spin drawn yarn or flat yarn of polyester (non-textured and non-POY).” They are collectively referred to as fully drawn yarn (FDY).

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By: Naresh Minocha
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