The government is expected to impose anti-dumping duty on imports of a chemical used in the foam industry from three countries - China, Japan and Korea, in a move to protect the domestic industry from cheap in-bound shipments.
The Directorate General of Anti-dumping and Allied Duties (DGAD) started the anti-dumping investigation concerning imports of "Toluene DiIsocyanate (TDI)" originating in or exported from the three countries. In its investigation it said that there is sufficient prima facie evidence that the normal value of the chemical in these countries is significantly higher than the ex-factory export price, indicating prima facie that the subject goods are being dumped into the Indian market by the exporters from the three countries.
The investigation was started following a complaint from Gujarat Narmada Valley Fertilisers and Chemicals and the period of investigation is April 2015 to March 2016 (12 months). The injury investigation period will, however, cover the periods 2012-15 also. TDI is a clear liquid and is used for production of flexible polyurethane foam, furniture cushion, industrial gaskets, protective pads for sports & medical use, automobile seats, furniture, lining, and packing of electronic items, frozen foods, medicines and audio-video computer CD's.