Product description: The product under consideration is virgin bottle-grade Polyethylene Terephthalate (PET) Resin having intrinsic viscosity of 0.72 deciliters per gram or higher.

HS Codes: 3907 6110, 3907 6190, 3907 6930, and 3907 6990

Uses: The product under consideration is used to manufacture preforms for making PET bottles and jars for the storage of mineral water, carbonated soft drinks, edible oils, pharmaceutical products etc.

Countries involved: China

Applicants:

1. Indorama Yarns Private Limited,
2. IVL Dhunseri Petrochem Industries Private Limited, and
3. Reliance Industries Limited.

Period of Investigation: 1^st April 2024 to 31^st March 2025

Injury Period: 2021-22, 2022-23, 2023-24 and POI

Margins and recommended Duties:

China	Injury Margin	Dumping Margin	Duty (USD/MT)
Any producer	0-10	20-30	200.66

Key Findings:

1. The product under consideration is “virgin bottle-grade polyethylene terephthalate (PET) resin”, having intrinsic viscosity of 0.72 deciliters per gram or higher, as defined in the original investigation.
2. The applicants are eligible to constitute domestic industry and form major proportion of total Indian production and constitute domestic industry under Rule 2(b).
3. Ester Industries and Minocha Enterprises Private Limited are not domestic producers of subject goods.
4. The response filed by Wankai New Materials Co. Ltd. is rejected as it has not disclosed a significant share of its exports through traders and the related trader has filed a belated response without justifying the delay or prior permission.
5. The dumping margin and injury margin for all producers is positive and significant.
6. The increase in imports, positive dumping margin, and absorption of duties previously imposed shows likelihood of continuation of dumping.
7. Idle capacities in China are 2.5 times the demand in India. Despite excess capacities, the producers are undertaking expansion in capacities.
8. Producers from China have exported subject goods to third countries at dumped and injurious prices.
9. 61% of total Chinese exports to third countries are priced lower than export prices to India.
10. Chinese producers are also subject to trade remedial measures in Argentina, Brazil, Canada, EU, Japan, Malaysia, South Korea, South African Customs Union, Türkiye and the USA. This limits the alternative markets and make India a lucrative market for China.
11. Trends of exports from China to EU and Argentina demonstrate a pattern of increasing exports once duties lapse.
12. The imports are undercutting the prices of the domestic industry despite duties in force. In the absence of duties, the imports are likely to suppress or depress the prices of the domestic industry.
13. The condition of the domestic industry remains fragile and in absence of duties the performance of the domestic industry is likely to decline.
14. There exists a likelihood of recurrence of injury in the absence of duties in case the existing anti-dumping duties are allowed to expire.
15. Injury is not on account of any factor other than dumping.
16. Continuation of anti-dumping duties has not caused any adverse impact on public interest.