The Directorate General of Anti-dumping and Allied Duties (DGAD), under the commerce ministry, Government of India, has initiated anti-dumping investigation concerning imports of polyester staple fibre (PSF) from China, Indonesia, Malaysia and Thailand. The period of investigation shall be 18 months from April 1, 2015 to September 30, 2016.
The investigation has been initiated following an application filed by Alok Industry Limited, Indo Rama Synthetics (India) Limited and The Bombay Dyeing & Mfg. Co. Ltd. for imposition of anti-dumping duty on imports of non-dyed PSF ranging from 0.6 to 6 Deniers, excluding recycled PSF and specialty fibres namely, cationic dyeable, fire/flame retardant, low melt and bi-component fibres from China, Indonesia, Malaysia and Thailand, a DGAD notification said.
Non-dyed PSF ranging from 0.6 to 6 Deniers are predominantly used to spin yarn of 100% PSF or in blends with natural, artificial and/or synthetic staple fibres for manufacture of textiles, sewing thread, other industrial textiles, non-woven applications, etc.
Though the period of investigation shall be from April 1, 2015 to September 30, 2016, the injury investigation period will cover the data of previous three years, i.e. April 2012 to March 2013, April 2013 to March 2014, April 2014 to March 2015, and the current period of investigation, the notification said.
The probe will determine the existence, degree and effect of alleged dumping and after that, DGAD may recommend the quantum of anti-dumping duty, which if levied, will be ‘adequate’ to remove the injury to the domestic industry. (RKS)
Source:Fibre2Fashion News Desk – India