The US International Trade Commission has ruled against putting anti-dumping duty on the imports of a synthetic fluoropolymer, a key ingredient in non-stick coating for pans and other cookware, from India and China.
In a ruling last week, the US International Trade Commission (USITC) determined that polytetrafluoroethylene or PTFE resin from India and China were sold in the US at less than fair value.
A crystalline polymer of tetrafluoroethylene, PTFE has a variety of end-use applications including gaskets, seals, linings, packing materials, tubing, pipe liners, and pipe coatings due to its chemical inertness, heat resistance, electrical insulation properties and functionality over a wide temperature range (-40C to 260C).
As a result of its negative determinations, "no antidumping duty orders will be issued on imports of this product from China and India," USITC said Friday.
Dharmendra Choudhary, Counsel for the foreign exporters in this proceeding, said an antidumping order would have been issued without this remarkable success at USITC.
Underscoring that the threshold for injury determination at USITC is very low, Chaudhary said the federal American body generally sides with the US domestic industry.
"Given the extremely paltry success rate of foreign exporters in USITC proceedings, this exceptional victory of Indian PTFE exporters is all the more notable," Chaudhary told PTI.
"It is hoped that Indian PTFE exporters would ride on to this timely victory to cement their position in the US market," he said.
Choudhary said without the orders, PTFE imports from India would have been subject to an anti-dumping duty of 22.78 per cent.
In addition, Indian PTFE exporters would also have been imperiled by a costly and time-consuming annual cycle of administrative review of anti-dumping order, laden with unpredictable results, he said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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
