Final Findings Issued Recommending Continuation Of Anti-Dumping Duty Against Imports Of Acrylic Fibre From Thailand (31.08.2020)

Product description – The product under consideration is Acrylic Fibre imported from Thailand. Acrylic Fibre is a long chain of synthetic polymer composed of atleast 90% by weight of Acrylonitrile, which is a major raw material for production of Acrylic Fibre. It is broadly described in terms of colour, length and denier of the fibre. Homopolymer Acrylic Fibre containing 100% Acrylonihile has been excluded from the scope of the PUC.

HS Codes – The product is classified under Chapter 55 of the Customs Tariff Act, 1975. Customs classification of Acrylic Fibre is 5501.3000, 5503.3000 and 5506.3000.

Uses – It is used for the purpose of manufacturing apparels, household items and has great industrial use etc.

Country involved – Thailand

Applicants M/s. Indian Acrylics Limited, Ms. Pasupati Acrylon Limited, and M/s. Vardhman Acrylics Limited

Date of initiation – 30-09-2019

Period of investigation – April 2018 to March 2019

Injury period – 2015-16, 2016-17, 2017-18 and the period of investigation.

Dumping margin, Injury Margin & Proposed Duty – The following exporter specific dumping margin, injury margin and proposed duty has been determined by the Designated Authority:

Producer Dumping margin Range Injury Margin Range Proposed Duty (US$/MT)
Thailand – Thai Acrylic Fibre Co. Ltd. 10-20 0-10 15.87
Thailand – Any other exporters 30-40 0-10 110.13
Any other exporter/producer     110.13

Key findings –

  1. There no bar on number of times a sunset review can be conducted and the anti-dumping duty extended. The duty duties on imports from USA and Korea RP ceased to exist and were not extended since the imports stopped being injurious to the industry.
  2. The dumping margin from the subject country is positive and significant. The imports are likely to enter the Indian market at dumped prices in the event of expiry of duty.
  3. The domestic industry’s performance remains vulnerable due to dumping of the subject goods from the subject country.

Imports from subject country has increased during POI and post – POI period and are undercutting and suppressing the prices of the domestic industry. There is a likelihood of continuation of dumping and the likelihood or recurrence of injury to the domestic industry in case the anti-dumping duty ceased to exist.