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Industry News | Time: Nov 28 2019 9:20AM  Editor:CCFGroup.com
India launches third anti-dumping sunset review investigation against China 鈥檚 nylon cord fabric
 
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On November 21, 2019, in response to a joint application submitted by SRF Ltd., Century Enka Ltd. and the Association of Synthetic Fibre Industry, the Ministry of Commerce and Industry of India issued a notification to conduct the third anti-dumping sunset review investigation against the nylon tyre cord fabric origin in or imported from China.

"The authority hereby initiates a sunset review investigation to review the need for continued imposition of the duties in force in respect of the subject goods, originating in or exported from China," the notification said.



The directorate will examine whether the expiry of the duty is likely to lead to continuation or recurrence of dumping and injury to the domestic industry.

The period of investigation for the present probe is July 2018 to June 2019 (12 Months). It would examine the data for the period 2016-19. And the damage investigation period is from April 2016 to 2017. March, April 2017-March 2018, April 2018-March 2019.

The Indian customs code of the product involved is 5902.10.00.

The duty on the product was imposed in April 2005 for the first time. It was again imposed in June 2015 for a period of five years.

鈥淭he duty is aimed at ensuring fair trade practices and creating a level-playing field for domestic producers with regard to foreign producers and exporters.鈥 Indian media reported.

Review of previous investigations
On October 29, 2003, India initiated an anti-dumping investigation on nylon cord fabrics originating in or imported from China. On September 16, 2008, India conducted the first anti-dumping sunset review investigation of China's nylon cord fabrics. On April 17, 2014, India conducted a second anti-dumping sunset review investigation on China's nylon cord fabrics. On April 13, 2015, India made a positive final decision on the anti-dumping sunset review of this case. On June 12, 2015, India continued to impose anti-dumping duties on Chinese products, with a tax amount of 0.52 to 1.10 USD/kg, with a validity period of 5 years.


On June 28, 2019, the Ministry of Commerce and Industry of India (MOCI of India) issued a notice stating the result of an anti-dumping investigation request, a joint application submitted by Indian companies Gujarat Polyfilms Limited and Century Enka Limited, targeted on nylon multi filament yarns originated in or imported from China, Korea, Taiwan and Thailand. This case mainly deals with products under Indian Customs Codes 540231, 540232, 540239, 540245, 540249, 540251, 540259, 540261 and 540269.

The anti-dumping investigation period of this case is from April 1, 2018 to March 31, 2019 (12 months). The investigated periods are 2015-2016, 2016-2017, 2017-2018 and dumping investigation period.
[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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