India makes the first anti-dumping sunset review final judgment on Chinese high tenacity polyester yarn
On April 6, 2023, the Ministry of Commerce and Industry of India issued a notice that the first anti-dumping sunset review of high tenacity polyester yarn originating from or imported from China was final, and proposed to continue to impose anti-dumping duties on Chinese products for a period of 5 years, with a duty amount of US$0~528 per metric ton (see attached table for details). The Indian customs code of the product involved is 54022090. The anti-dumping measures in this case do not apply to the following products: yarns less than 1000 denier, yarns greater than 6000 denier, twists, colored yarns, adhesive reactive yarns greater than 1000 denier and yarns with high modulus and low shrinkage (HMLS) properties.
On June 15, 2017, the Ministry of Commerce and Industry of India launched an anti-dumping investigation on high tenacity polyester yarn originating from or imported from China. On July 9, 2018, the Indian Ministry of Finance issued Circular No.35/2018-Customs (ADD), which decided to impose an anti-dumping duty of US$0~528/metric ton on Chinese products involved, valid for five years until July 8, 2023. On July 27, 2022, the Indian Ministry of Commerce and Industry announced that it would launch an anti-circumvention investigation into high tenacity polyester yarn originating from or imported from China on the application submitted by Reliance Industries Limited, a domestic company, to examine whether the products involved had changed their description, name or composition to evade anti-dumping duties. On September 30, 2022, the Indian Ministry of Commerce and Industry announced that it would launch the first anti-dumping sunset review investigation on high tenacity polyester yarn originating from or imported from China on the application submitted by the Indian domestic company Reliance Industries Limited. On March 31, 2023, the Ministry of Commerce and Industry of India made a final ruling on the anti-circumvention investigation of high tenacity polyester yarn in China, ruling that the description, name or composition of the products involved in the case had been changed to evade the current anti-dumping duties. Therefore, it is proposed to expand the scope of duties on the products involved in China.
India's recommended tax for sunset review of anti-dumping against China’s high tenacity polyester yarn
NO. | Origin nations/area | Export nations/area | English name of producers | Chinese name of producers for reference | Anti-dumping duty ($/mt) |
1 | China | China | Hyosung Chemical Fiber (Jiaxing) Co., Ltd. | 晓星化纤(嘉兴)有限公司 | 0 |
2 | China | China | Zhejiang Guxiandao Polyester Dope Dyed Yarn Co., Ltd. | 浙江古纤道绿色纤维有限公司 | 174 |
3 | China | China | Jiangsu Hengli Chemical Fibre Co., Ltd. | 江苏恒力化纤股份有限公司 | 234 |
4 | China | China | Zhejiang Unifull Industrial Fibre Co., Ltd. | 浙江尤夫高新纤维股份有限公司 | 316 |
5 | China | China | Huzhou Unifull Industrial Fibre Co., Ltd. | 湖州尤夫工业纤维有限公司 | 316 |
6 | China | China | Oriental Industries (Suzhou) Ltd. | 亚东工业(苏州)有限公司 | 0 |
7 | China | Any country, including China | Any manufacturer except NO.1-6 | 528 | |
8 | Any country except China | China | Any manufacturer |
528 |
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