India imposes anti-dumping duties on Vietnamese MDF products
09-06-2016 14:01:19+07:00
India imposes anti-dumping duties on Vietnamese MDF products
The Indian Directorate General of Anti-Dumping and Allied Duties (DGAD) has announced its final decision on AD investigations on Plain Medium Density Fibreboard (MDF) imported from Vietnam and Indonesia.
According to the Vietnam Competition Authority (VCA), the DGAD concluded that three Vietnamese producers and exporters who fully cooperated and answered its questions were imposed dumping margins of 0-15% while others were levied dumping margins of 40-50%.
DGAD identified that the domestic production sector was significantly affected by imported products from Indonesia and Vietnam.Anti-dumping duties will be applied in five years. One Vietnamese business enjoys duty below the minimum level and two others will be levied duties of US$14.84 per cub.m and US$15.95 per cub.m.
Duties for other businesses from Indonesia and Vietnam were US$64.35 per cub.m and US$63.99 per cub.m, respectively.
India lodged the anti-dumping lawsuit on MDF products after complaints of Greenply Industries Ltd and Mangalam Timber Products Ltd.
The investigation period ran from October 1, 2013 to September 30, 2014, however, the DGAD considered data on imports from April 1, 2011 to September 30, 2014 to analyse the damage.
