Business Daily from THE HINDU group of publications Sunday, Mar 16, 2008 ePaper | Mobile/PDA Version |
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Industry & Economy
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Anti-dumping Anti-dumping duty on Chinese sulphur black mooted
G. Srinivasan New Delhi, March 15 The Designated Authority in the Commerce Ministry has recommended imposition of provisional anti-dumping duty on imported sulphur black from China, following a complaint lodged by indigenous industry represented by the Sulphur Black Manufacturers’ Association. Sulphur black is a lustrous grain that imparts full black shade with a slight reddish or greenish tone and is mainly used for dyeing cellulose fibre. It is also widely used for dyeing viscose staple fibre and yarn, paper and leather. Following a probe into the complaint and based on materials made available to it, the Authority has found that the subject goods have entered the domestic market from China at prices less than their normal values in the domestic market of the exporting country. As the dumping margins of the subject goods imported from China are substantial and the domestic industry has suffered material injury, the Authority recommended imposition of provisional anti-dumping duty equal to the lesser of margin of dumping and margin of injury, so as to remove the injury to the domestic industry. So in the case of exporter Dalian Green Peak Chemicals Ltd or Dalian Dye Chem Corporation, the interim anti-dumping duty recommended is $436.21 per tonne and in the case of Shanxi Linfen Dyeing Chemicals Co Ltd or Tianjin International Trading Co, the duty recommended is $208.09 per tonne. The duty amount in both these cases is on BR240 — that is, on 100 per cent concentration basis. For other concentrations, the quantity should be converted to BR240 (100 per cent equivalent) and the recommended interim anti-dumping duty is $496.86 per tonne. Meanwhile, the Finance Ministry has notified the preliminary anti-dumping duty on import of compact discs-recordable (CD-Rs) from Malaysia, South Korea, Thailand, Iran, the UAE and Vietnam as recommended by the Designated Authority in its notification of December 17, 2007. CD-Rs from ThailandAccordingly, CD-Rs from Thailand would attract Rs 1.11 per piece anti-dumping duty while Panstar Electronics Co Ltd from Thailand would attract a lower dumping duty of 0.74 paise per piece. In the case of Vietnam, the interim anti-dumping duty on Ritek Vietnam Co Ltd would be Rs 3.04 per piece, while other Vietnamese companies would have to fork out Rs 3.23 per piece on CD-Rs exported to India. In the case of South Korean companies, while Newstar Digital CD-Rs would attract Rs 2.51 per piece, CD-Rs of other companies would attract Rs 3.09 per piece. Export of CD-Rs from Iran to India would attract an interim anti-dumping duty of Rs 2.63 per piece, while in the case of Malaysia it would be Rs 2.27 per piece. All export of CD-Rs from the UAE would attract an interim anti-dumping duty of Rs 3.08 per piece. More Stories on : Anti-dumping | Minerals
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