Business
India imposes anti-dumping duties on Vietnam MDF products
  • | vov | April 30, 2016 06:37 PM

India has released its report on anti-dumping investigation into Plain Medium Density Fibreboard (MDF) imported from Vietnam and Indonesia.

 

The Vietnam Competition Authority (VCA) under the Ministry of Industry and Trade said on April 28 the Indian Directorate General of Anti-Dumping and Allied Duties (DGAD) concluded that prices of MDF exported to India were lower than normal, causing significant damage to the Indian industry.

As the result, DGAD decided to impose dumping margins of 0-15% and damage margins of 10-40% on Vietnamese businesses who answered its questionnaires and dumping margins of 30-40% and damage margins of 35-45% on those who did not.

DGAD will base on that conclusion to announce its final decision.

Vietnamese businesses had the only chance to send their petitions to DGAD prior to May 2, 2016 before DGAD issues its final decision.

Leave your comment on this story