The Indian Ministry of Commerce has determined that the domestic industry has suffered "material injury and material retardation" from the import of fluoroelastomers from China.
In a Dec. 27 ruling, the Directorate General of Trade Remedies, the ministry's investigation arm, said it had established that dumping was taking place.
The directorate recommended anti-dumping duties ranging from $0.078 per kilogram to $7.31/kg 11.4 on FKM originating from China.According to the DGTR, the prices of Chinese suppliers have been lower than non-Chinese suppliers, by an average of $12.9/kg in period of investigation only.
The market share of Chinese suppliers has also risen from 32 percent in 2014-15 to 43 percent in POI, while the share of non-Chinese supplies fell from 68 percent to 44 percent.
"These shifts from non-Chinese sources to Chinese sources [are] clearly driven out of significant price difference between Chinese and non-Chinese suppliers," the Indian authority said.The document also cited a recent determination by the U.S. authorities, which found a dumping margin of 84.8 percent on Chinese FKM suppliers, as further evidence of dumping.
The Indian finance ministry will now take a final decision whether to impose the duties.
DGTR launched its investigations into dumping activities of Chinese FKM importers in August, acting on a complaint by India's sole FKM supplier Gujarat Fluorochemicals Ltd.
