India has imposed an anti-dumping duty of up to $135.40 per tonne for a period of five years on imports of a chemical used in foam making from Thailand.
The move is aimed at protecting domestic players from cheap imports of ‘Flexible Slabstock Polyol’ from the South- East Asian country.
The application for the anti-dumping investigation was filed by Manali Petrochemicals ltd on behalf of the domestic industry.
“The anti-dumping duty imposed...Shall be effective for a period of five years,” the Central Board of Excise and Customs (CBEC) has said in a notification.
In its findings of the dumping probe, the Directorate General of Anti-Dumping and Allied Duties (DGAD), under the commerce ministry, had concluded that the domestic industry has suffered injury due to the dumped imports from Thailand. The chemical is used in the foam industry, which is used in upholstery, mattresses, pillows, transport seating and packaging.