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DGTR recommends imposing $110 per MT to $542 MT anti-dumping duty on décor paper imports

Author: | Date: 4 years ago

DGTR recommends imposing $110 per MT to $542 MT anti dumping duty on décor paper imports

DGTR recommends imposing $110 per MT to $542 MT anti-dumping duty on décor paper imports

New Delhi | 30th September 2021 | The Pulp and Paper  Times

The commerce ministry's fair trade watchdog Directorate General of Trade Remedies (DGTR) has recommended anti-dumping duty on decor paper imports from China. The anti-dumping investigation was initiated by the authority based on a complaint filed by ITC Ltd—the company that accounts for close to 80% of the domestic production of decor paper, a key material used by the decorative industry.

The final findings of DGTR—notified on September 28—stated that the domestic industry has suffered material injury due to anti-dumping.

“The information on record shows that the non-imposition of the anti-dumping duty will adversely and materially impact the indigenous production, while the imposition of the duty will not materially impact the consumers or the downstream industry or the public at large. On the basis of the information provided by the interested parties and the investigation conducted, the Authority is of the considered view that the imposition of the anti-dumping duty will not be against the public interest” the DGTR’s report said.

The Authority recognizes that the imposition of the anti-dumping duties might affect the price levels of the product in India. However, fair competition in the Indian market will not be reduced by the imposition of anti-dumping measures. On the contrary, the imposition of the anti-dumping measures would remove the unfair advantages gained by the dumping practices, prevent the decline in the performance of the domestic industry and help maintain the availability of a wider choice to the consumers of the subject goods.

With regard to the operations of the domestic industry, the Authority notes that the domestic industry has shown long-term commitment to production in India. Considering the significant demand in the country, the domestic industry invested a significant sum to increase capacities. That being the case, it needs to earn adequate profits, in order to recover its investment. However, at present, its profits are significantly low. The domestic industry has highlighted that had it financed its plant through loans, the profits earned at present would cover only l0% of the finance cost, even assuming an interest rate of 9%. Therefore, such a market situation would not be conducive to encouraging further investment in the country.

The product under consideration is two different types of papers, one used directly by laminators and the other used by the printers which manufacture the printed paper for laminating sector. The papers used directly by the laminators have distinct technical specifications and quality parameters and command higher costs and prices as compared to the paper used by the printers. Each type and sub-type of 7 decor paper is not technically and commercially substitutable. The paper manufacturers pre-decide whether to make decor paper for the laminators or the printers. The applicant has not explained the difference between the production process of decor paper meant for use by the laminators and the printers.

Some of the interested parties have contended that if the duties are not imposed on the pre-printed decor paper, the dumping of the same will start. The Authority notes that the present investigation pertains to the imports of the product under consideration 49 which excludes pre-printed decor paper. In case the dumping of the pre-printed decor paper starts, the domestic producers are free to approach the Authority for the imposition of the anti-dumping duty on the said product.
Of the 24,227 MT of decor paper India produces, 70% to 80% comes from ITC Ltd. Pudumjee Paper Products Ltd and Shree Krishna Paper Mills & Industries Ltd are the other domestic manufacturers of the product.

Published at : Jul 10, 2022 01:45 PM (IST)
Total Views : 11096
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