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The Directorate General of Trade Remedies (DGTR), under the ministry of commerce & industry, has scheduled an oral hearing in the ongoing anti-dumping investigation concerning imports of "Copolymer polyol of hydroxyl value >23.5" originating in or exported from China. The hearing is set for March 25, 2025, at 3 pm, and will be conducted in a hybrid mode, allowing both physical and virtual participation.
Copolymer polyols are used in the pharmaceutical industry to make flexible foams and tablet binders.
The investigation was initiated on September 30, 2024, under the provisions of the Customs Tariff (Identification, Assessment, and Collection of Anti-Dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 (AD Rules). The probe aims to assess whether imports of the specified copolymer polyol from China are causing injury to the domestic industry through unfair trade practices.
Interested parties must submit written submissions and rejoinders (both confidential and non-confidential versions) summarizing their views expressed during the hearing. The deadline for submission will be communicated on the day of the hearing. Interested parties must provide the names and email addresses of the attendees in advance. Digital Video Conferencing (DVC) details will be shared with the registered participants soon.
Anti-dumping measures are critical for protecting domestic industries from unfair trade practices that can lead to market distortions, price undercutting, and financial losses for local manufacturers. The outcome of this hearing and subsequent findings could determine whether anti-dumping duties will be imposed on the concerned imports from China, potentially reshaping trade dynamics in the chemicals sector.
Stakeholders, including domestic producers, importers, and Chinese exporters, are expected to present their arguments and evidence during the hearing. The DGTR will consider all submissions before reaching a final determination on the necessity of anti-dumping duties.
With India tightening its trade regulations and enhancing scrutiny on unfair pricing practices, this hearing marks a significant step in ensuring a level playing field for domestic manufacturers. The decision arising from this investigation could have far-reaching implications for the industry, international trade relations, and future import policies.
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