New Delhi, May 8 -- China's Ministry of Commerce has announced anti-dumping duties on cypermethrin imports from India for five years, effective immediately.
The decision follows a year-long investigation, which concluded that Indian exporters were dumping the pesticide at unfairly low prices, causing material injury to China's domestic industry, according to a report by the Global Times.
According to the Chinese commerce ministry, the anti-dumping duties range from 48.4 per cent to 166.2 per cent, with Tagros Chemicals India facing the lowest margin at 48.4 per cent, and UPL Ltd, along with other unspecified Indian firms, being subjected to the steepest duty of 166.2 per cent.
Gharda Chemicals, Meghmani Organics, Bharat Rasayan, and He...
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