India makes final anti-dumping ruling on China's polyethylene terephthalate resin

Abstract

On December 28, 2020, the Ministry of Commerce and Industry of India issued an announcement stating that it is necessary for Polyethylene terephthalate resin having an intrinsicviscosity of 0.72 decilitres per gram or higher made a definite final ruling on anti-dumping.

On December 28, 2020, the Ministry of Commerce and Industry of India issued an announcement stating that it is necessary for Polyethylene terephthalate resin having an intrinsicviscosity of 0.72 decilitres per gram or higher made a definite final ruling on anti-dumping. It is recommended to impose anti-dumping duties with a validity period of 5 years on the products involved in the case in China, with the tax amount ranging from USD 15.54 to USD 200.66 per metric ton. The Indian customs codes of involved products are 39076910 and 39076990.

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On October 1, 2019, the Ministry of Commerce and Industry of India issued an announcement stating that, in response to the applications submitted by Indian companies IVL Dhunseri Petrochem Industries Private Limited and Reliance Industries Limited, it is necessary to deal with polymers with intrinsic viscosity ≥ 0.72 deciliters/g originated in or imported from China. Ethylene phthalate resin initiated an anti-dumping investigation.

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On August 5, 2020, the Ministry of Commerce and Industry of India issued an announcement stating that it has made a preliminary anti-dumping ruling on polyethylene terephthalate resins with intrinsic viscosity ≥0.72 deciliters/g originating in or imported from China. Products are subject to temporary anti-dumping duties, which range from 15.54 to 200.66 US dollars per metric ton. The Indian customs codes of the products involved are 39076010, 39076020 (the two customs codes used before February 2, 2017), 39076100, 39076910 (the two codes after February 2, 2017), 39076190 (January 2020) The customs code will be used on the 1st).


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