Anti-dumping duty imposed on PTA imports from South Korea,Thailand

The Finance Ministry has imposed anti-dumping duty on all imports of purified terephthalic acid (PTA) from South Korea and Thailand. PTA is the primary raw material in the manufacture of polyester chips, which in turn are used in a number of applications in textile, packaging, furnishings, consumer goods, resins and coatings. Dumping is the practice… Continue reading Anti-dumping duty imposed on PTA imports from South Korea,Thailand

Anti-dumping duty put on saccharine

The Finance Ministry has imposed an anti-dumping duty on the import of saccharine from Indonesia. Saccharine is a compound most commonly used in sugar-substitute sweeteners.It is used to sweeten products such as drinks, candies, cookies, and medicines. Dumping is the practice whereby the exporting nation sells its goods and services at a price lower than… Continue reading Anti-dumping duty put on saccharine