India initiates anti-dumping investigation on viscose spun yarn from Viet Nam
The Trade Remedies Authority of Vietnam has announced that India has initiated an anti-dumping investigation concerning imports of viscose spun yarn originating in or exported from three countries, including Vietnam, China and Indonesia.
India has initiated an anti-dumping investigation on imports of viscose spun yarn from Viet Nam, China and Indonesia. - Photo vov.vn
According to the notice of the India Ministry of Commerce and Industry’s Department of Commerce issued on Tuesday, the investigation was based on a complaint filed by the Indian Manmade Yarn Manufacturers Association.
The association alleged that material injury to the domestic industry was being caused due to dumped imports from Viet Nam, China and Indonesia and requested imposition of antidumping duty on the imports of the goods.
The Indian association claimed that the subject goods, which were being dumped into India, were identical to the goods produced by the domestic industry, stressing there were no known differences either in the technical specifications, quality, functions or end-uses of the dumped imports.
The injury investigation period would cover the 2016-19 period.
The Trade Remedies Authority of Viet Nam urged Vietnamese exporters to supply required information to the investigation agency on time, before February 19.
Viscose spun yarn contains 85 per cent or more of artificial viscose staple fibre than sewing thread and is mainly used for weaving or knitting for production of fabric. — VNS