Apr 05, 2025 3:36 a.m.

Update: India delays final ruling on ADD probe into suspension PVC imports

Under constitutional provisions, authorities were initially required to issue their final findings within 12 months of the probe’s initiation. However, the latest ruling grants an extension, allowing additional time for a conclusive determination.

Title

SPVC k67-68

Available in

The Indian High Court has issued a standing order extending the deadline for the ongoing anti-dumping investigation into PVC imports by one month, market sources report. The investigation, launched on 26 March 2024 in response to a petition from major domestic producers, examines allegations that imports from China, Indonesia, Japan, South Korea, Taiwan, Thailand, and the United States have inflicted significant harm on India's PVC industry. Under constitutional provisions, authorities were initially required to issue their final findings within 12 months of the probe’s initiation. However, the latest ruling grants an extension, allowing additional time for a conclusive determination.

As previously reported, Indian authorities released preliminary findings on 30 October 2024, recommending significant tariffs on various producers from the seven targeted countries. The prolonged uncertainty over the final ruling has disrupted the Indian PVC market in recent months.

“However, the market are increasingly inured to the possible outcomes of the probe. Most major PVC suppliers to India are facing duties, leaving buyers with limited options for stable supply. If the proposed tariffs come into effect, Indian buyers will see higher production costs rather than a meaningful shift in supply dynamics,” an industry source commented.

The investigation also intersects with broader trade tensions, particularly the aggressive policies implemented by the United States earlier this year, including proposed reciprocal tariffs on all US trade partners. On 27 February, Bloomberg reported that the Indian government was exploring measures to lower duties on certain US imports—including automobiles, agricultural products, chemicals, critical pharmaceuticals, and medical devices—to mitigate the impact of potential US retaliatory tariffs. This development has added another layer of complexity to the ongoing anti-dumping case, as US suppliers could face some of the highest levies under the proposed measures.

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

 

 

 

 

Country

India