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Regulation

India recommends countervailing duties on Chinese PVC suspension resin

India has recommended countervailing duties of $83.72-143.82/ton on PVC suspension resin imports from China after finding subsidized imports injured domestic producers. The duties are pending approval from the Ministry of Finance.

India recommends countervailing duties on Chinese PVC suspension resin

India has recommended countervailing duties on PVC suspension resin imports from China, following findings that subsidised imports caused injury to domestic producers.

The proposed duties range from $83.72 to $143.82 per ton and are pending approval from the Ministry of Finance.

Chinese imports now account for over half of India's PVC imports, with falling landed prices intensifying competition for domestic producers.

Varying duty rates could leave some Chinese exporters with a competitive advantage over others if the measures are approved.

The move could shift Indian buying interest toward alternative origins as importers reassess sourcing options, with market participants watching whether the duties curb Chinese supplies or redirect demand to other regional suppliers.

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