Anti-dumping investigation on Nylon-6 chips imports
Source: Fibre2fashion News Desk - India Date: 2009-05-04
The Ministry of Commerce has initiated an anti-dumping investigation in to imports of Nylon-6 chip products from the US, EU, Taiwan and Russia. It will investigate the impact of the imported Nylon-6 on the domestic producers of the textile product.
Normally under World Trade Organisation (WTO) rules an investigation on dumping charges needs to be completed within a period of one year and can subsequently increase that period by six more months, if needed.
Nylon-6 chips are majorly imported from Taiwan (53.73%), US (12.37%) and Germany (7.21%) and from other countries. In 2004, China had implemented anti-dumping measures on imports from Taiwan on the same product, but had withdrawn it in 2005.
Normally under World Trade Organisation (WTO) rules an investigation on dumping charges needs to be completed within a period of one year and can subsequently increase that period by six more months, if needed.
Nylon-6 chips are majorly imported from Taiwan (53.73%), US (12.37%) and Germany (7.21%) and from other countries. In 2004, China had implemented anti-dumping measures on imports from Taiwan on the same product, but had withdrawn it in 2005.