India: Anti-dumping duty levied on ‘flax yarn’ imports from China

22/10/2018 12:00 - 27 total view

The Finance Ministry imposed definitive anti-dumping duty on certain ‘flax yarn’ — a linen yarn used in fabric industry — from China.

Based on the recommendations of the Designated Authority in the Commerce Ministry, the revenue department imposed an anti-dumping duty that ranges from $1.30 per kg to $4.83 per kg depending upon the producer and exporter from China.

The petition seeking anti-dumping probe on ‘flax yarn of below 70 Lea Count (43 Nm)’ from China was filed by Jaya Shree Textiles — a unit of Grasim Industries Limited (previously Jaya Shree Textiles) — Unit of Aditya Birla Nuvo Ltd).

Flax yarn is a 100 per cent linen yarn. It is a natural cellulose fibre with higher conductivity and is highly moisture absorbent. It possesses anti-microbial, anti-fungal properties and is used in children’s wear and home textiles.
October 22, 2018
Source: The Hindu Business Line