DGAD recommends $185/MT duty on Pentaerythritol imports from China
The Dollar Business Bureau
Directorate General of Anti-Dumping & Allied Duties (DGAD), in its sunset review, has recommended the continuation of imposition of anti-dumping duty on imports of pentaerythritol from China.
The anti-dumping duty recommended by the Authority is $185.15 per MT.
Pentaerythritol is an organic compound used in the manufacture of alkyd resin, resin esters, plasticisers, printing inks, synthetic rubber, stabilisers for plastics, modified drying oils, detonators, explosives, pharmaceuticals, core oils and synthetic lubricants.
“The Authority recommends that the revised and continuation of anti-dumping duties be imposed from the date of issue of notification by the Central Government on all imports of Pentaerythritol falling under chapter 29 of Custom Tariff Classification Act 1975, originating in or exported from China PR,” the DGAD said in a notification (F.No.15/01/2016-DGAD) on May 12.
“After examining and analysing the facts and figures concerning injury to the domestic industry, the Authority concludes that despite the presence of anti-dumping duties, imports from China are entering at dumped prices,” the notification added.
The application before DGAD was filed by M/s Kanoria Chemicals and Industries Limited as a domestic producer of the product.
The producers and exporters of Pentaerythritol in China are Hubei Yihua Group Limited Liability Company, Guizhou Crystal Chemical Co Ltd, China National Chemicals Construction Corporation, Sinochem Jiangsu Import & Export Corporation and Shanxi Sanwei Group Company Ltd.
DGAD had initiated the anti-dumping investigation concerning the imports of pentaerythritol from China and Sweden, on February 4, 2005. It had notified final findings on February 2, 2006 recommending definitive antidumping duty on the imports from China and Sweden.
DGAD initiated the sunset review investigations on March 26, 2010 and recommended continued imposition of definitive anti-dumping duties on imports from China PR on March 25, 2011. The Ministry of Finance had extended definitive anti-dumping duty from China PR on June 14, 2011. However, anti-dumping duties on imports from Sweden were revoked in the sunset review.
The investigation period considered by the Authority in the present case is 12 months, i.e., April 2015 to March 2016. The injury investigation period has been considered as 2012-13, 2013-14, 2014-15 and period of investigation (POI).
On June 13 last year, the Government has extended the validity of anti-dumping duty on pentaerythritol imports from China till June 13, 2017.
India imported $230.70 million worth of pentaerythritol from China in 2016-17 (Apr-Feb) compared to $322.11 mn imported last year and $7.75 million worth of the same from Sweden this FY compared to $10.35 mn imported in the previous year.
