30 June 2010 16:54 [Source: ICIS news]
SINGAPORE (ICIS news)--India has imposed an anti-dumping duty (ADD) of $267.38/tonne on paste (emulsion) grade polyvinyl chloride (PVC) imports from the European Union (EU), industry sources said on Wednesday.
The ADD would be levied on paste PVC originating from or exported from EU countries to ?xml:namespace>
The Indian government announced the ADD after a year-long review of dumping charges against EU exporters which began on 1 April 2009, the sources said.
The notification, issued by the Indian Ministry of Finance, states the ADD was imposed as there was evidence of “dumping activity” by the EU exporters which “caused injury to domestic producers in
“Current consumption in
The main driver of demand growth for this grade was the automotive segment, the source said. Paste grade PVC is used mainly to produce synethetic leather, which goes into upholstery for furniture and cars.
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