Indian Govt embarks on investigations into alleged PP dumping

The Indian government has initiated investigations on a petition to impose anti-dumping duty on polypropylene imports from Korea, Taiwan and the US. Investigations have been initiated on a complaint by major domestic producers made in February who had complained in 2009 on polypropylene imports from Oman, Saudi Arabia and Singapore. It is alleged the prices charged by the exporting companies are well below the cost of production plus taxes, etc. The antidumping directorate has also sought views from trade bodies and companies for proposing an anti-dumping duty on another popular and commonly used petrochemical, polyethylene.
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