India launches anti-dumping probe into chemical imports from China and Switzerland

01/08/2014 12:00 - 482 Views

The Directorate General of Anti-Dumping and Allied Duties (DGAD), an arm of the Commerce Ministry of India, has launched an anti-dumping probe over imports of Diketopyrrolo Pyrrole Pigment Red 254 from China and Switzerland.

The move comes after a domestic producer filed a petition with DGCA over alleged dumping of the chemicals into India.

Diketopyrrolo Pyrrole Pigment Red 254 is a chemical primarily used in the paint industry.

DGAD said that it has found sufficient evidence of dumping from China and Switzerland.

DGAD was quoted by the Press Trust of India as saying that the DGAD "hereby initiates an investigation into the alleged dumping and consequent injury to the domestic industry ... to determine the existence, degree and effect of any alleged dumping, and to recommend the amount of anti-dumping duty, which if levied would be adequate to remove the 'injury' to the domestic industry."

The agency is verifying the import data from January 2013 to December 2013 and will also consider the data of 2010-11 and 2011-12 to evaluate its impact on domestic producers.

Following the investigation, DGAD could recommend an anti-dumping duty, which will be imposed by the Finance Ministry.

Source: chemicals-technology.com