On the 25th, the Anti-Dumping Agency of the Ministry of Commerce and Industry of India issued a final review of the anti-dumping sunset of pentaerythritol originating in China and Sweden, and proposed to extend anti-dumping duties on China's imports for a period of five years at a rate of US$515 per metric ton.
The final announcement stated that the Anti-Dumping Agency comprehensively considered the import quantity, market share, import price, production capacity, sales volume and cost, profit margin, inventory, and other factors, and determined that China's imported products still caused damage to the domestic industry.
Since there was no response from Chinese companies, the Anti-dumping Bureau still regards China as a non-market economy country and recognizes the use of structural prices in the original trial to calculate the normal value of Chinese exports. In the end, the dumping margin of Chinese companies was determined to be 50-60%.
The final ruling stated that all stakeholders may appeal to the Customs and Revenue Appeals Tribunal for this final award.
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