India has started a probe into the alleged dumping of low-density polyethylene from six countries, including Singapore and the US, following a complaint by an industry association.
Chemicals and Petrochemicals Manufacturers Association on behalf of the domestic industry has filed an application before the commerce ministry's investigation arm DGTR for initiation of an anti-dumping investigation on imports of 'low-density polyethylene (LDPE)' from Qatar, Saudi Arabia, Singapore, Thailand, United Arab Emirates and the US.
The applicant has alleged that the domestic industry has impacted due to dumped imports of LDPE from these countries, according to a notification of the Directorate General of Trade Remedies (DGTR).
The association has requested for the imposition of anti-dumping duty on the import, it said.
"On the basis of the duly substantiated written application by or on behalf of the domestic industry, and having satisfied itself, on the basis of the prima facie evidence submitted, about dumping of the subject goods...the authority, hereby, initiates an investigation," it added.
In the probe, DGTR will determine the existence, degree and effect of alleged dumping on domestic manufacturers.
If it is established that the dumping has impacted the domestic industry, the directorate would recommend imposition of anti-dumping duty. The finance ministry will take the final decision on imposing these duties.
DGTR is an investigation arm of the commerce ministry, which probes the dumping of goods, a significant increase in imports and subsidised imports from India's trade partners.
Global trade rules, framed by Geneva-based World Trade Organisation (WTO), allow these initiatives to guard the domestic industry against these anti-trade practices.
Countries carry out an anti-dumping probe to determine whether their domestic industries have been hurt because of a surge in cheap imports.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)