India has launched an anti-dumping investigation into imports of resorcinol from China and Japan, the country's Ministry of Commerce said Friday (19). The chemical is widely used in the manufacture of tires and rubber goods, as well as other industrial applications.
The proceedings were initiated following a petition submitted by Atul Ltd to the Directorate-General for Consumer Protection (DGTR). According to the company, the introduction of the product at reduced prices was causing significant negative impacts on the local industry.
In a statement, the DGTR (General Directorate of Transport) reported that it decided to open the investigation after analyzing the documentation presented and considering that there are preliminary indications of dumping practices in imports of the product.
During the investigation, the agency will assess whether dumping actually occurred, its extent, and its potential effects on Indian manufacturers. If it is found that the imports caused material harm to domestic production, the DGTR may recommend the application of anti-dumping duties. The final decision on adopting these tariffs will rest with the Ministry of Finance.
Resorcinol is primarily used as an intermediate ingredient in the production of tires, rubber products, and bonding resins. It also has applications in the manufacture of specialty wood adhesives, dyes, pharmaceuticals, and cosmetics.
Anti-dumping measures are provided for by the rules of the World Trade Organization (WTO) and seek to ensure a level playing field for domestic producers. India already adopts this type of mechanism for various imported products, including goods originating from China.
This text was translated by machine from Brazilian Portuguese.