Now Reading: Paperboard makers seek anti-dumping duty on Indonesian imports
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Paperboard makers seek anti-dumping duty on Indonesian imports
The Indian Paper Manufacturers’ Association (IPMA) has asked the government to immediately impose Anti-Dumping Duty (ADD) on Virgin Multi-Layer Paperboard imports from Indonesia. The Directorate General of Trade Remedies (DGTR) has already…
The Story in Brief
The Indian Paper Manufacturers’ Association (IPMA) has asked the government to immediately impose Anti-Dumping Duty (ADD) on Virgin Multi-Layer Paperboard imports from Indonesia. The Directorate General of Trade Remedies (DGTR) has already concluded that dumping has occurred and recommended remedial duties after a probe covering April 2024 to March 2025.
Imports from Indonesia jumped from a negligible 296 tonnes in FY22 to 62,935 tonnes in FY25, while CIF prices fell 25 per cent. The domestic industry suffered estimated losses of Rs 242 crore in FY25. IPMA warned that urgency is high because the Minimum Import Price, an interim measure, ends on September 30. Six domestic producers have combined capacity of over 17 lakh tonnes, enough to meet demand.
The Indian Opinion
The narrative that anti-dumping duties mean protectionism misses the point. The DGTR has already found material injury, with imports surging from 296 tonnes to nearly 63,000 tonnes in three years. Domestic producers suffered losses of Rs 242 crore. The real test will be the government's speed in acting on its own investigative body's recommendation before the MIP expires on September 30.
Source: thehindubusinessline.com
This story was synthesised by AI from the source linked above.
