New Delhi: The Commerce Ministry has launched an investigation into alleged dumping of a chemical from five countries, including Singapore and Saudi Arabia.
DGTR has initiated the probe into alleged dumping of “Mono Ethylene Glycol” originating in or exported from Kuwait, Oman, Saudi Arabia, UAE and Singapore, following a complaint from a domestic company, a notification said.
Reliance Industries Ltd has filed an application on behalf of domestic industry before the DGTR for initiation of the investigation.
According to a notification of the Directorate General of Trade Remedies (DGTR), the company has requested the imposition of anti-dumping duties on the imports.
India Glycols Limited has also supported the application.
It said that the authority has prima facie found that there is sufficient evidence of dumping of the chemical from these countries.
“The Authority hereby initiates an investigation into the alleged dumping and consequent injury to the domestic industry,” it said.
In the probe it would determine the existence, degree and effect of alleged dumping, and consequent injury to the domestic industry.
If established that dumping has caused material injury to domestic industry, the directorate would recommend the amount of anti-dumping duty.
The period of investigation is January – September 2019. It would also look at the data of 2016-19.
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