Wednesday, March 4, 2009

Provisional dumping duty on imported fibre board proposed:

New Delhi, Feb. 14 The Designated Authority in the Commerce Ministry has recommended imposition of provisional anti-dumping duty on imported Plain Medium Density Fibre (MDF) Board from China, Malaysia, New Zealand, Thailand and Sri Lanka, following a preliminary investigation. Known as Plain MDF board in market parlance, this is a composite wood product made out of wood waste fibres glued together with Urea Formaldehyde Resin or Melamine Resin and pressure. MDF is used in multiple applications, from cabinetry to moulding, because it is smooth and of uniform finish.
It is also wrought in two forms, plain and laminated. Since lamination is additional processing, after production of the plain board, the laminated board is outside the scope of the product under consideration by the Authority, it is clarified. It further provisionally determined that the product imported from subject countries is like article to the product being produced in India. “Merely because material imported is produced from pinewood does not mean that the product is different,” it said.
The Authority undertook the preliminary probe, following a petition filed by the All-India Fibre Board Manufacturers Association represented by leading producers such as Shridi Industries Ltd in Mumbai and Nuchem Ltd in Faridabad through an application filed by TPM Consultants, New Delhi, representing the petitioners.
In its findings, the Authority said subject goods have been exported from China, Malaysia, New Zealand, Thailand and Sri Lanka to India at dumped prices with dumping margins of the goods under study from subject countries being substantially and above de minimis level. As a result, it said, domestic industry has suffered material injury, which is caused both by the volume and price effect of dumped import of the subject goods originating in or exported from the subject countries.
Accordingly, provisional anti-dumping duty equal to the difference between the range of $355.62-$387.33/cubic metre for Plain MFD from 6 MM and above and the landed cost of imports in the case of exporting firms from Thailand and an anti-dumping duty equal to the difference between the range of $324.32-$331.49/cubic metre and the landed cost of imports in the case of firms from Sri Lanka has been recommended.
In the case of Malaysian firms exporting the subject goods, the recommended interim anti-dumping duty is equal to the difference between the range of $340.41-$358.53/cubic metre and the landed cost of imports, while for exporting firms from New Zealand the interim anti-dumping duty is equal to the difference between a range of $378.45-391.40/cubic metre and the landed cost of imports.
For exporting firms from China, the Authority has recommended an interim anti-dumping duty that is equal to the difference between $395.52 and the landed cost of imports. Incidentally, this is the highest anti-dumping duty imposed on the subject goods from the Middle Kingdom for the subject goods among the exporting countries, in view of the relatively large dumping margins of Chinese manufacturers as that compared to other exporting firms of similar products.

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