India to conclude AD investigation into Vietnam spandex yarn
VOV.VN - The India Directorate General of Anti-Dumping and Allied Duties (DGAD) has published a report before making final conclusion on the anti-dumping investigation into Elastomeric Filament yarn (spandex) imported from China, the Republic of Korea, Taiwan and Vietnam.
The Vietnam Competition Authority under the Ministry of Industry and Trade said on March 9 that the DGAD will base itself on facts available basis to impose anti-dumping duties of 1-10% on Vietnamese exporters who are cooperative and answer all DGAD questions while the duties levied on others will be 35-45%.
Meanwhile dumping margins will be 5-55% for exporters from China, 0-40% for those from the RoK and 55-65% for Taiwan.
DGAD said the spandex yarn imported from those countries at dumped prices caused significant injury to the domestic industry.
Relevant agencies can send their comments on the report to DGAD on March 16 at the latest.
The DGAD initiated the AD investigations on imports of spandex yarn from four markets on January 27, 2016 according to a complaint of the plaintiff - Indorama Industries Ltd