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
+65 6780 4359



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