India Slaps Anti-Dumping Duties On SNF Imports From China
India’s Ministry of Finance has levied antidumping duties on imports of sulphonated naphthalene formaldehyde (SNF) from China. The duty, aimed at protecting the domestic players against cheap imports, goes up to $397 per tonne on imports from China.
The Directorate General of Antidumping and Allied Duties (DGAD), which administers the anti-dumping and countervailing measures in India, had recommended the imposition of definitive anti-dumping duty on imports of SNF for a period of five years, as it found that the chemical has been exported to India from China at below normal value, causing material injury to the domestic industry. Himadri Speciality Chemical Ltd., which is the leading manufacturer of SNF in India, had filed an application seeking an anti-dumping investigation concerning imports of SNF originating in or exported from China.
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