Related Keywords: anti-dumping duty, Chemical and Petrochemicals Manufacturers Assocication, import from China, key raw material, PFY, polyester staple fibre, Purified terephtalic acid, synethetic textile fibre, Synthetic textile product
India has witnessed a surge of synthetic textile products imports from China after imposing an anti-dumping duty on a key raw material Purified terephtalic acid (PTA) which is used for making synthetic textile fibre, said Chemicals and Petrochemicals Manufacturers Association on Friday.
India imposed anti-dumping duties in the range of $19.05-117.09 a tonne on purified terephtalic acid from China, Korea, the European Union and Thailand. This was after a plea by Reliance Industries Ltd and Mitsubishi’s MCC PTA India Corporation.
