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Update: India imposes definitive ADD on PVC paste resin imports from six countriesThe decision follows an investigation led by the Directorate General of Trade Remedies (DGTR), which determined that these imports were being dumped at unfair prices, causing material injury to the domestic industry. |
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The Indian government has finalised definitive anti-dumping duties (ADD) on imports of PVC Paste resin from China, South Korea, Malaysia, Norway, Taiwan, and Thailand. The decision follows an investigation led by the Directorate General of Trade Remedies (DGTR), which determined that these imports were being dumped at unfair prices, causing material injury to the domestic industry.
According to a notification issued by the Ministry of Finance (Department of Revenue) on 21 March 2025, the duties will remain in effect for five years from 13 June 2024, unless amended or revoked earlier. The affected products are classified under the following Harmonized System (HS) codes: 39041010, 39041020, 39041090, 39042100, 39042200, 39043010, 39043090, 39049000, 39044000, and 39049090.
However, certain subcategories are exempt from the definitive ADD, including:
Details of the anti-dumping duty rate based on producer and country of origin are as follows:
Producer name |
Country of origins |
ADD rate (USD/ton) |
Formosa Industries (Ningbo) Co Ltd |
China |
$595 |
Shenyang Chemical Co Ltd |
China |
$248 |
Others |
China |
$707 |
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Hanwha Solutions Corporation |
South Korea |
$0 |
Others |
South Korea |
$89 |
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Kaneka Paste Polymers Sdn Bhd |
Malaysia |
$0 |
Others |
Malaysia |
$516 |
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Formosa Plastics Corporation |
Taiwan |
$247 |
Others |
Taiwan |
$373 |
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TPC Paste Resin Co Ltd |
Thailand |
$343 |
Others |
Thailand |
$421 |
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All producers from Norway |
Norway |
$495 |
Country
India