According to the China Trade Remedy Information Network, on October 29, the Indian Ministry of Commerce and Industry issued a notice making a positive final determination in the second sunset review of the anti-dumping duties on fluororubber (FKM) originating from or imported from China, recommending the continuation of anti-dumping duties for a period of 5 years, at a rate of US$1.04-8.86 per kilogram.
The imposition of anti-dumping duties of US$1.04-8.86 per kilogram on Chinese fluororubber by India for a period of 5 years increases China's export costs and may lead to oversupply in the Chinese domestic market, putting downward pressure on spot prices. While the increased tax burden creates export barriers and suppresses demand, it is not considered a major negative factor.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
