India proposes ADD on Thai, Japanese phenol after probe

08 February 2010 09:32  [Source: ICIS news]

SINGAPORE (ICIS news)--India has proposed a levying of punitive duties on phenol imports from Japan and Thailand, after preliminary government findings confirmed dumping activities, industry sources said on Monday.

The antidumping duty (ADD) would be in the range of $43.82/tonne (€60/tonne) to $247.25/tonne, based on official documents.

India's Anti-Dumping Authoritiy (ADA) has asked all interested parties to submit their responses to the preliminary findings within 40 days from 3 February 2010.

The ADA had initiated the probe on phenol imports from Japan and Thailand on 11 August 2009, upon the request of local players.

India currently levies ADDs on phenol imports from the European Union, Singapore, South Africa, the US, South Korea and Taiwan, ranging from $137-212/tonne. 

Country	Producer	Exporter	Duty
Thailand	PTT Phenol	Mitsui & Co. Ltd., Japan & Mitsui & Co. (Asia Pacific ) Pte. Ltd., Singapore	$43.82/tonne
	PTT Phenol	Others	$150.55/tonne
	Others		$247.25/tonne
Japan	Mitsui Chemical	Mitsui & Co. Ltd., Japan & Mitsui & Co. (Asia Pacific ) Pte. Ltd., Singapore	$151.96/tonne
	Others		$179.43/tonne

($1 = €0.73)

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By: Liu Xin
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