India has launched an anti-dumping investigation into imports of Resorcinol, a key chemical used in tyres, rubber products and industrial applications, from China and Japan following allegations that low-priced shipments are hurting domestic manufacturers, PTI reported.The probe was initiated by the Directorate General of Trade Remedies (DGTR) after a complaint filed by Atul Ltd, which alleged that dumped imports of the chemical were causing significant injury to the domestic industry.“On the basis of the duly substantiated application filed by the applicant and having satisfied itself, on the basis of the prima facie evidence submitted by the applicant, regarding dumping of the subject goods…the authority hereby initiates an anti-dumping investigation,” the DGTR said in a notification.The investigation will examine the existence, extent and impact of the alleged dumping of Resorcinol from China and Japan.If the DGTR concludes that the imports have caused material injury to domestic producers, it may recommend the imposition of anti-dumping duties. The final decision on imposing the levy rests with the finance ministry.Resorcinol is primarily used as an intermediate in the manufacture of tyres and rubber products and in resin bonding applications. It is also used in specialised wood adhesive resins, dyes, pharmaceuticals and cosmetic preparations.Anti-dumping investigations are conducted to determine whether domestic industries have been adversely affected by a surge in cheap imports.As a trade remedy, countries may impose anti-dumping duties under the rules of the World Trade Organisation (WTO) to ensure fair competition and provide a level playing field for domestic manufacturers.India has already imposed anti-dumping duties on a range of products from several countries, including China, to counter unfairly priced imports.
