India starts antidumping probe on EU, Mexico PVC imports

11 October 2012 10:13  [Source: ICIS news]

KOLKATA (ICIS)--India has launched an antidumping investigations on imports of suspension grade polyvinyl chloride (PVC) imports from the EU and Mexico, an official from the south Asian country’s Ministry of Commerce said on Thursday.

“Based on a petition, [the] DGAD [Directorate General of Anti Dumping and Allied Duties] has prima facie established injury to domestic industry which warrants further investigations whether this injury has been a result of imports from producers in EU and Mexico, the official said.

The probe will cover the period 1 April 2011 to 31 March 2012, the official said.

“DGAD was of the view that there was sufficient evidence of dumping based on estimated cost of production and sale price of imported PVC suspension grade during the period of injury under investigation,” the official said.

Indian producers Reliance Industries Ltd, DCW Limited, Chemplast Sanmar Limited and DCM Shriram Consolidated have filed the petition on PVC dumping to the DGAD.

The DGAD, in a note, stated: “The petitioners have determined month-wise normal value considering the average highest and lowest price in the report and claimed that export price during the months under investigation was lower than cost of production.”

All exporters through their respective embassies, importers in India and other interested parties have been directed to make submissions relevant to the investigations within 40 days from 5 October for consideration of DGAD, the ministry official said.

By: Ajoy K Das
+65 6780 4359

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