New Delhi, June 7
THE Designated Authority in the Commerce Ministry has recommended discontinuation of the definitive anti-dumping duty on imported D (-) para hydroxy phenyl glycine base (PHPG Base) from the European Union, after a mid-term review.
In its final notification issued recently, the authority said that during the review probe, DSM Deretil, Spain, had said that there are no other producer and exporter of subject goods in the EU other than itself. The authority has not found truth in the allegation that the sale of PHPG Base by DSM Deretil after imposition of anti-dumping duty has increased.
On the allegation by the domestic industry whether the imports at dumped prices would continue to be imported in significant volume in the event of revocation of anti-dumping duty, it has been examined that after December 2002, there is only one producer in the EU and this producer DSM Deretil had a zero anti-dumping duty and yet had exported only a very small quantity of the subject goods.
The authority said that after the verification of the co-operating exporter, it has been established that the price of even this quantity is an `undumped' price. Hence, the contention of the domestic industry that there is surplus capacity with EU and exports would increase in significant volumes appears to be unfounded. The authority has not found any reasons for likelihood of dumping, if the anti-dumping duty is withdrawn.