India Lifts Anti-Dumping Import Duties for Indonesian Melamine
23 February 2018 07:42 WIB
TEMPO.CO, Jakarta - According to the Director General of foreign trade Oke Nurwan, Indian authorities have lifted the anti-dumping import duties for Indonesian melamine products.
On February 19, India’s Directorate General of Anti-Dumping and Allied Duties (DGAD) officially announced that the country has lifted the anti-dumping duties to several countries including Indonesia.
“The DGAD did not find any loss caused by imported melamine products from Indonesia during the investigation,” said Oke in a press release on Thursday, February 22.
According to Oke, India’s domestic melamine industry is currently in a healthy and stable state after they imposed the anti-dumping law for five years and that there are no firm grounds to extend that law.
The anti-dumping import duty was introduced on June 1, 2012, and racked up to US$1,537 per metric ton. The review was then conducted on September 22, 2017, based on the request of India’s Gujarat State Fertilizers & Chemicals Ltd.
During the investigation period, according to Oke, the Directorate of Trade Security from the Ministry of Trade found that there was no correlation between import goods and the loss felt by domestic industries.
India’s anti-dumping import duties law affected two Indonesian exporters, Sri Melamine Rejeki and OCI Kaltim Melamine.
According to the Central Statistics Agency, Indonesia’s last export of melamine products to India was in 2011 that was valued up to US$2.2 million. During the same time, Indonesia’s melamine products were also exported to Australia (US$ 14.3 million), Thailand (US$7.9 million), and South Korea (US$6.5 million).
Kartika Anggraeni