India antidumping duties polyvinylchloride - Arhive

India antidumping duties polyvinylchloride

India has extended anti-dumping duties on PVC from the USA and China 

India antidumping duties polyvinylchloride

MOSCOW – India has extended anti-dumping duties (ADD) on polyvinyl chloride (PVC) imported from the United States and China, while simultaneously removing those that apply to Thai goods, with immediate effect, reports ICIS .

According to the documents, anti-dumping duties were extended to Chinese and American PVC for 30 months from July 18, 2019 due to an investigation.

The anti-dumping duty from the US manufacturer Oxy Vinyls was reduced to USD49.1 per ton from USD115.54 per ton;  while for Westlake Vinyls Co was saved at USD29.99 per ton. India antidumping duties polyvinylchloride

PVC from other US manufacturers is subject to a duty of USD115.54 per ton.

PVC anti-dumping duties from Chinese manufacturers Tianjin LG Bohai Chemical, Tianneng Chemical, Xinjiang Shengxiong Chlor-Alkali, Chiping Xinfa PVC, CNSG Jilantai Salt Chlor-Alkali Chemical and Yibin Haifeng Herui were reduced to USD61.14 per tonne , 27 per ton.

All Chinese-made PVC materials will be subject to duties of USD147.96 per ton.

In general, India imposes customs duties of 10% on PVC from the USA and China and a 5% duty on PVC from Thailand. India antidumping duties polyvinylchloride

According to the ICIS-MRC Price Review , in Russia demand for PVC in the second half of the month was noticeably asleep, many consumers agreed on all of their July shipments in late June – early July.  The prices of the Russian resin reached a historic record, which is largely due to the stop for the prevention of two manufacturers at once.  This week, the preventive simple Bashkir soda company started, but, contrary to the expectations of some manufacturers, there is no serious shortage of PVC on the market.




India antidumping duties polyvinylchloride

PVC demand in South Asia declines

MOSCOW – Demand for polyvinyl chloride (PVC) in South Asia declined during the rainy season, ICIS reported, citing market participants.

Market participants are waiting for new proposals for the August deliveries from Northeast Asia, which are expected to be announced next week.

Increasing precipitation in some parts of India led to a decrease in demand, and an increasing number of buyers took a break to wait for the seasonal monsoon to end.

According to ICIS, in the second week of July, PVC prices did not change and amounted to USD860-890 per ton, CFR India in the week ending July 12.

According to the ICIS-MRC Price Review , in Russia demand for PVC in the second half of the month was noticeably asleep, many consumers agreed on all of their July shipments in late June – early July.  India antidumping duties polyvinylchloride

The prices of the Russian resin reached a historic record, which is largely due to the stop for the prevention of two manufacturers at once.  This week, the preventive simple Bashkir soda company started, but, contrary to the expectations of some manufacturers, there is no serious shortage of PVC on the market.

mrcplast.ru

Author:   Anna Larionova

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