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India to impose Anti-dumping duties on PTA imports from South Korea and Thailand

Indian government has imposed definitive anti dumping duties on imports of PTA from Thailand and South Korea. The duties were put into place after Reliance Industries Ltd. and MCPI Private Ltd. filed petitions seeking review investigations.Based on recommendations of the Designated Authority in the Commerce Ministry in its sunset review findings, the Revenue Dept. has imposed a definitive anti-dumping duty of $45.43 per ton on PTA exported by Indorama Petrochem Ltd. and TPT Petrochemicals PCL.  For all other Thai exporters, an anti-dumping duty of $62.55 per ton has been imposed.An anti-dumping duty of $27.32 per ton has been im-posed on PTA produced by Hanwha General Chemical Co. and exported by Hyosung TNC Corp. For PTA exported by Taekwang Industrial Co., India has imposed anti-dumping duties of $23.61 per ton.  For all other South Korean exporters, an anti-dumping duty of $78.28 per ton has been imposed.