India Launches Countervailing Duty Investigation on Chinese PVC Resin
On February 26, India’s Ministry of Commerce and Industry initiated an anti-subsidy duty investigation on imports of “polyvinyl chloride (PVC) suspension resin” originating from or exported from China. Three Indian domestic PVC producers—Chemplast, DCM Shriram, and DCW—jointly alleged that Chinese products were being sold at artificially low prices due to government subsidies, thereby causing injury to the Indian industry. In response, the Indian authorities launched the investigation and recommended that the Ministry of Finance impose a “provisional assessment” (i.e., collect duties upfront pending the outcome of the investigation) on all Chinese PVC imports.
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