CommoPlast

Update: India grants 4-month extension for final decision on anti-dumping probe into PVC imports

Preliminary findings, released on 30 October 2024, recommended the imposition of substantial anti-dumping duties on producers from



India has granted a third extension to the deadline for concluding its anti-dumping investigation into imports of polyvinyl chloride (PVC) suspension resins from seven countries. The investigation, initiated in March 2024, followed a joint petition by domestic producers Chemplast Cuddalore Vinyls Limited (CCVL), DCM Shriram Limited, and DCW Limited, who alleged that a surge in low-cost imports had caused material injury to the local industry.

Preliminary findings, released on 30 October 2024, recommended the imposition of substantial anti-dumping duties on producers from China, Indonesia, Japan, South Korea, Taiwan, Thailand, and the United States. In an official statement signed on 24 May 2025, the Directorate General of Trade Remedies (DGTR) set a revised deadline for the final determination on 25 September 2025.

The extension comes amid weak domestic demand, attributed to seasonal monsoon-related slowdowns and broader structural softness in the Indian market. While some sources view the downturn as cyclical, others suggest a more persistent deceleration may be underway.

In response to the subdued conditions, downstream players—including converters and traders—have reportedly been reducing inventories, further limiting procurement activity.

Market participants are closely monitoring developments at the DGTR, now under new leadership. Several stakeholders have raised concerns that the already protracted process may face further delays, given the DGTR’s expanded mandate.

Until a final ruling is issued, the Indian PVC market is expected to remain largely tepid, with cautious sentiment prevailing.

The following table details the proposed anti-dumping duty rate for each PVC producer:

No.

Country of Origin

Producer

Proposed ADD rate (USD/ton)

1

China

Chiping Xinfa Polyvinyl Chloride Co Ltd

USD 125

2

China

Chiping Xinfa Huaxing Chemical Co Ltd

USD 125

3

China

Tianjin Bohua Chemical Development

USD 82

4

China

Qingdao Haiwan Chemical Co., Ltd.

USD 92

5

China

Non-Sampled Producers, as   per list below*

USD 97

6

China

Any producer other than Sl. No. (1) to (5)

USD 167

7

Any country other than China, Indonesia, Japan, Korea, Taiwan, Thailand and USA

Any

USD 167

8

Indonesia

PT. Asahimas Chemical

USD 73

9

Indonesia

PT. TPC Indo Plastic and Chemicals

USD 61

10

Indonesia

Any producer other than Sl.  No. (8) and (9)

USD 200

11

Any country other than China, Indonesia, Japan, Korea, Taiwan, Thailand and USA

Any

USD 200

12

Japan

Kaneka Corporation

USD 54

13

Japan

Shin-Etsu    Chemical Co., Ltd.

USD 73

14

Japan

Non-Sampled Producers

USD 66

15

Japan

Any producer other than Sl. No. (12) to (14)

USD 147

16

Any country other than China, Indonesia, Japan, Korea, Taiwan, Thailand and USA

Any

USD 147

17

South Korea

LG Chem Ltd

USD 51

18

South Korea

Hanwha Solutions Corporation

NIL

19

South Korea

Any producer, other than Sl. No. (17) & (18)

USD 161

20

Any country other than China, Indonesia, Japan, Korea, Taiwan, Thailand and USA

Any

USD 161

21

Taiwan

China General Plastics Corporation

USD 25

22

Taiwan

CGPC Polymer Corporation

USD 25

23

Taiwan

Ocean Plastics Co Ltd

USD 40

24

Taiwan

Formosa Plastics Corporation

USD 74

25

Taiwan

Any producer, other than Sl.  No. (21) to (24)

USD 163

26

Any country other than China, Indonesia,
Japan, Korea, Taiwan, Thailand and USA

Any

USD 163

27

Thailand

Thai   Plastics   and Chemicals Plc

USD 53

28

Thailand

AGC Vinythai Public Company Limited

USD 80

29

Thailand

Any producer, other than Sl. No. (27) and (28)

USD 184

30

Any country other than China, Indonesia, Japan, Korea, Taiwan, Thailand and USA

Any

USD 184

31

USA

Westlake Chemicals & Vinyls LLC

USD 164

32

USA

Westlake Vinyls, Inc.

USD 164

33

USA

Westlake Vinyls Company LP

USD 164

34

USA

Shintech Incorporated

USD 104

35

USA

Any producer other than   Sl.   No.   (31)   to (34)

USD 339

36

Any country other than China, Indonesia, Japan, Korea, Taiwan, Thailand and USA

Any

USD 339

 

 Written: Aiman Haikal and Farid Muzaffar 


Country
India