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India proposed to maintain antidumping duty on import PP from SingaporeIndia proposed to maintain antidumping duty on import PP from Singapore |
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In the final findings of the Sunset Review investigations of anti-dumping duty on import PP originating in or exported from Singapore, the Indian authorities proposed that an antidumping duty (ADD) of $145.20/ton on these cargoes are necessary to protect the domestic market.
The findings recommended the imposition of the antidumping duty as following:
For The Polyolefin Company (Singapore) Pte Ltd: Cargoes sold through Itochu Plastics Pte Ltd are not subjected to any ADD. Other than that, the ADD of $145.20/t will be taken into account.
For ExxonMobil Chemical Asia Pacific: Cargoes sold directly by ExxonMobil to India are not subjected to any ADD. Other than that, the ADD of $145.20/t will be taken into account
Any other PP cargoes exported from Singapore to India will be subjected to the same ADD rate.
Players operate in India informed that the latest findings and proposals are not officially legislated yet.
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