Background: Indian Commerce issued an anti -dumping survey of imports from India, Indonesia, Japan, South Korea, India, Taiwan, Thailand, and the United States.CCVL), DCM Shriram Limited, and DCW Limited's latest notifications.

India implemented the PVC anti -dumping policy in 2011, 2014, and 2019. For details, please refer to the article "Discover the beginning and end of the PVC anti -dumping in India". In January 2024, the three PVC producers in India, the Chemplast CUDDALORE VINYLS LIMITED (CCVL), DCM Shriram Limited and DCW Limited submitted a petition to the Indian Ministry of Commerce, requiring suspended PVCs imported from India, Indonesia, Japan, South Korea, Taiwan, Thailand and the United States.The Ministry of Commerce of India has notified the relevant authorities in the above countries/regions.Hyderabad Investment

The Ministry of Commerce and Industry of India (Ministry of Commerce) notified on March 26 to start an anti -dumping survey native to PVC imports native to India, Indonesia, Japan, South Korea, India, Thailand, and the United States.This survey period from October 1, 2022 to September 30, 2023.

According to the relevant information inquiry, the maximum period of anti -dumping survey is within 18 months from the date of the announcement of the self -reliance investigation decision, which means that the final result of the survey was announced at the latest in September 2025.See, the time from the announcement of the investigation to the final result is nearly 18 months. It is estimated that the final risk of this anti-dumping survey of the daily settlement review was announced in the 3-4 quarter of 2025.

Event impact assessment

According to data, the domestic PVC production capacity of India is about 1.65 million tons. Due to India's rapid economic development and accelerated urbanization in recent years, its agricultural, power, real estate, and infrastructure industries have a strong demand for PVC.The continuous growth of imports made India the largest PVC importer in the world. In February 2022, the anti -dumping duty levied was canceled. In May 2022, the Indian government also reduced the PVC import tariffs from 10%to 7.5%.

According to statistics, in 2022, the number of PVC imports in India was 1.8889 million tons, with an import dependence of 51.8%. Among them, the number of PVC imported from India was 582,400 tons, accounting for 28.74%of India's total imports, ranking first.In 2023, the import volume of PVC was a record high, reaching more than 3.20 million tons; Northeast Asia is still the most important source of imports in India. With regional advantages, India exported 1.0929 million tons, accounting for 48.07%of India's total exports, accounting for accounting for 48.07%, accounting for accounting for 48.07%, accounting for 48.07%, accounting for accountingIndia's total imports of 34.15%.

This incident has a relatively limited impact on the import of imports in India in 2024, and its main impact is expected to be concentrated in the second half of 2025. Judging from the current Indian import trade policy, more attention in the second half of the year focuses on the imported BIS that will be implemented at the end of the third quarter.Certification policies, considering the current slow progress in India and the replacement of import demand, will not rule out that the policy is delayed to implement in 2025.Kanpur Investment