India proposes anti-dumping duties on Chinese rayon yarn
India recommended duties up to $1,071 per ton on Chinese rayon yarn. The move follows findings that dumped imports harmed the domestic textile industry.
The Directorate General of Trade Remedies (DGTR), a body under the trade ministry of India, has recommended the implementation of anti-dumping duties on viscose rayon filament yarn imports from China. According to a government notification released on Monday, the proposed duties range from $386 to $1,071 per metric ton, targeting man-made fibers used extensively in the textile sector.
The recommendation follows an investigation into imports of viscose rayon filament yarn above 75 deniers. The authority found that the volume of dumped products from Chinese exporters had increased, leading to a depression in domestic prices and causing material injury to local producers.
Specific duty rates have been outlined for several major manufacturers. Xinxiang Chemical Fibre Co Ltd faces a duty of $386 per metric ton, while Jilin Chemical Fiber Co Ltd and Yibin Hiest Fibre Limited Corporation are set at $667 and $518 per metric ton, respectively. Other producers and exporters from the region would be subject to a duty of $1,071 per metric ton.
The domestic manufacturing landscape, which includes companies such as Winsome Yarns Limited, Ginni Filaments Limited, and Raj Rayon Industries Limited, has been impacted by the pricing trends identified in the probe. The government notification stated:
The investigation found that dumped imports from China had increased and depressed domestic prices, causing material injury to Indian producers.
If the finance ministry approves the recommendation, the duties will remain in place for five years. The Chinese embassy in India has not yet responded to requests for comment regarding the trade body's findings.
