India Enforces Anti-Dumping Duties on ECH Imports from Thailand, China, and South Korea
Five-year duties aim to protect domestic industry from underpriced imports
India has imposed anti-dumping duties on Epichlorohydrin (ECH) imports from Thailand, China, and South Korea.
This measure, effective from November 11, 2024, to November 10, 2029, was announced by India's Ministry of Finance in response to these countries selling ECH below its normal value, harming the Indian domestic industry.
Tax rates for ECH are set at $298–$327 per ton for Thailand, $274–$557 per ton for South Korea, and $0–$216 per ton for China.
ECH is vital for epoxy resin production, used in industries like coatings, electronics, and flexible materials.
In early 2024, Thailand exported 56,000 tons of ECH to India, valued at 2.2 billion baht.
Arada Fuangtong from Thailand's Department of Foreign Trade highlighted that the anti-dumping investigation began due to perceived dumping impacts on Indian industries and alleged Thai government subsidies.
This led to India's Directorate-General of Trade Remedies recommending the duties.
Thai exporters are appealing the decision and reviewing their pricing strategies to comply with India's requirements.
Other countries, including the US and EU, have also imposed anti-dumping measures on Thai products.