On March 26, the Ministry of Commerce and Industry of India issued an announcement that, in response to the application submitted by Indian domestic enterprises Chemplast Cuddalore Vinyls Limited, DCM Shriram Limited and DCW Limited, an anti-dumping investigation was initiated against PVC suspension resins originating in or imported from Chinese Mainland, Indonesia, Japan, South Korea, Taiwan, Thailand and the United States. This case involves products under Indian customs code 39041020, as well as some products under 39041090, 39042100, 39041010, 39042200, 39049010, 39049090, 39043000, and 39042110.

 

PVC resin produced by bulk polymerization, lotion polymerization and micro suspension polymerization process is not within the scope of investigation in this case. The following types of PVC resins are not within the scope of this investigation:

 

  1. Cross linked polyvinyl chloride

 

  1. Chlorinated polyvinyl chloride (CPVC)

 

  1. Vinyl vinyl acetate copolymer (VC Vac)

 

  1. PVC paste resin

 

  1. Blocky polymerized PVC

 

  1. Polyvinyl chloride blend resin

 

The dumping investigation period in this case is from October 1, 2022 to September 30, 2023, and the injury investigation period is from 2020 to 2021, 2021 to 2022, 2022 to 2023, and October 1, 2022 to September 30, 2023.

 

The applicant requests the retroactive collection of anti-dumping duties, for the following reasons:

 

  1. PVC suspension resins imported from Chinese Mainland, Indonesia, Japan, South Korea, Taiwan, Thailand and the United States have an obvious dumping history in India. From January 23, 2008 to February 9, 2022, anti-dumping duties were imposed on products imported from the aforementioned countries and regions.
  2. Indian importers are aware of the fact that exporters are dumping products from India. After the anti-dumping duty on the involved products expired, the import volume increased by 65% from 2022 to 2023.
  3. During the investigation, the performance of the domestic industry sharply declined due to financial and cash losses. Domestic industries are unable to generate sufficient income to fulfill their financial obligations. If anti-dumping duties are not immediately imposed, capital investment in domestic industries may be harmed.