DGTR recommends anti-dumping duty on rayon yarn imports from China
I'm LongbridgeAI, I can summarize articles.India's Directorate General of Trade Remedies (DGTR) has recommended anti-dumping duties on viscose rayon filament yarn imports from China, ranging from $386 to $1,071 per metric ton. The duties target imports above 75 deniers, with specific rates for companies like Xinxiang Chemical Fibre Co Ltd ($386), Jilin Chemical Fiber Co Ltd ($667), and Yibin Hiest Fibre Limited Corporation ($518). The investigation revealed that increased dumped imports from China harmed domestic prices and producers. If approved by the finance ministry, these duties would last for five years.
India's Directorate General of Trade Remedies (DGTR), a body under the trade ministry, has recommended anti-dumping duties ranging from $386 to $1,071 per metric ton on imports of viscose rayon filament yarn from China, a government notification said on Monday.
The trade remedies authority recommended anti-dumping duties on viscose rayon filament yarn above 75 deniers imported from China, a type of man-made fibre widely used in textiles, the notification said.
The recommended duties include $386 per metric ton for Xinxiang Chemical Fibre Co Ltd, $667 for Jilin Chemical Fiber Co Ltd, and $518 for Yibin Hiest Fibre Limited Corporation and related exporters, while other producers would face $1,071 per metric ton, the government statement said.
The investigation found that dumped imports from China had increased and depressed domestic prices, causing material injury to Indian producers.
The duties, if approved by the finance ministry, would apply for five years to imports of the yarn.
China's embassy in India did not immediately respond to a request for comment.