3 days ago

Chinese mobile covers may cost more after anti-dumping duty

Chinese mobile covers may cost more after anti-dumping duty
Chinese mobile covers likely to cost more as govt imposes anti-dumping duty · thehindubusinessline.com

India’s trade authority wants to make some mobile covers from China more expensive.

It recommended adding a special import charge for five years.

The suggested amount is $72 for every 1,000 covers.

The authority said Chinese covers took nearly half of the Indian market.

Indian makers had about one-fourth of the market.

It said Chinese products were sold at prices that Indian small businesses could not match.

This made it harder for Indian companies to raise prices and earn profits.

If the duty is imposed, shoppers may eventually pay more for some mobile covers.

Key facts

Recommended duty
$72 per 1,000 pieces
Duration
Five years
Source country
China
Domestic market share
Chinese imports captured nearly half of the market; domestic industry held about one-fourth.
Import trend
Imports increased sharply in 2022-23 and again in 2023-24, then declined during the investigation period.
Import scale
Imports were reported at 204% of domestic-industry production and 51% of Indian consumption.
Impact on producers
The authority reported lower profitability, low capacity utilisation, increased inventories, and price undercutting.

Quotes

Directorate of Trade Remedies (DGTR)

India’s trade-remedy authority recommending the anti-dumping duty

“The entire industry is small scale industry, and it has been submitted that the domestic producers, being small-scale manufacturers, are unable to compete with such low-priced imports. They cannot match the landed price of the dumped imports without incurring significant losses”
thehindubusinessline.com
“The Authority recommends imposition of final anti-dumping duty equal to the lesser of the margin of dumping and the margin of injury on imports of subject goods originating in or exported from the subject country to remove the injury to the domestic industry”
thehindubusinessline.com

Sources

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