Final Findings Issued In Anti-Subsidy Investigation Concerning Imports Of Fibreboards From Indonesia, Malaysia, Sri Lanka, Thailand And Vietnam (03.05.2021)

Product DescriptionFibre board of wood or other ligneous materials whether or not bonded with resins or other organic substances. Flooring boards, sunmica, insulation board, coir boards, jute fibre board, and moulded door skin have been excluded from the scope of product under consideration. Product scope includes medium density fibreboard (MDF) and high density fibreboard (HDF)

HS Codes 44.11

Uses It is widely used for partitions, modular furniture, cabinets, etc., due to its smooth and uniform finish.

Country Involved Indonesia, Malaysia, Sri Lanka, Thailand and Vietnam.

Applicants Greenply Industries Limited/ Greenpanel Industries Limited, Century Plyboards (India) Ltd. and Rushil Decor Limited.

Date of Initiation 5th November, 2019

Period of Investigation April 2018 – March 2019

Injury Period2015-16, 2016-17, 2017-18 and the period of investigation.

Final Findings 03rd May,2021

Subsidy Margin, Injury margin and proposed dutyThe following exporter specific subsidy margin, injury margin and proposed duty has been determined by the Designated Authority. 

Country Producer Subsidy Margin Range Injury Margin Range Proposed Duty (duty amount as % of CIF value)
Indonesia PT Mukti Panel Industries 10-20 35-45 13.69
PT Sumatera Prima Fibreboard 10-20 20-30 14.77
All others 10-20 40-50 15.78
Malaysia Robin Resources (Malaysia) Sdn. Bhd. 10-20 35-45 15.95
Segamat Panel Boards Sdn. Bhd. 10-20 30-40 10.52
All Others 10-20 40-50 18.08
Sri Lanka All producers/exporters 10-20 15-25 12.37
Thailand Advance Fibre Co. Ltd. 0-10 25-35 8.29
Metro MDF Co. Ltd. 0-10
Wisewoods Co. Ltd. 10-20 25-35 13.90
Green Fibre Co. Ltd. 10-20 Negative NIL
Agro Fibre Co. Ltd. 10-20 1-10
Panel Plus MDF Co. Ltd. 10-20 25-35 11.47
Panel Plus Co. Ltd. 0-10
Vanachai Group Public Co. Ltd. 10-20 50-60 18.54
Vanachai Panel Industries Co. Ltd. 10-20
All Others 20-30 55-65 27.52
Vietnam Kim Tin MDF JSC 10-20 40-50 12.36
MDF VRG Quang Tri Wood JSC 10-20 15-25 14.46
All Others 10-20 40-50 19.13

Key Findings

  1. The questionnaire responses filed by M/s. S. Kijchai’s and M/s. Thamarappally Brothers Venners and Panels Private Limited were rejected as they had not circulated the non-confidential version to all interested parties.
  2. There is no bar in conducting parallel anti-dumping and anti-subsidy investigations.
  3. Export bans depress the domestic prices of logs, thereby assisting downstream processors leading to subsidization.
  4. Inputs such as wood, land and electricity are being provided at less than adequate remuneration.
  5. A subsidy need not be made available to the concerned enterprise directly inorder for it to be countervailable.
  6. Subsidized imports from the subject countries have been imported into India in substantial volumes during the period of investigation.
  7. The subsidized imports are undercutting the prices of the domestic industry.
  8. The performance of the domestic industry has deteriorated during the period of investigation as a result of subsidized imports from the subject countries.
  9. There is a causal link between subsidization of the subject goods and the injury to the domestic industry.