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China’s Export of STPP to Benefit from India’s Anti-dumping Ruling

China’s Export of STPP to Benefit from India’s Anti-dumping Ruling

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China is informed India decides to cancel the imposed anti-dumping duties on STPP originating in China due to suspension of STPP production in India.
China is informed India decides to cancel the imposed anti-dumping duties on STPP originating in China due to suspension of STPP production in India.

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Published by: CCM International Limited on Jun 26, 2012
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China’s Export of STPP to Benefit from India’s Anti-dumping RulingSummary: China is informed India decides to cancel the imposed anti-dumping duties onSTPP originating in China due to suspension of STPP production in India.Tag:
 
phosphorus, phosphate, Sodium Tripoly Phosphate, STPP, export, anti-dumping, duty, exportvolumeIndia's abolishment of imposed anti-dumping duties on STPP (Sodium Tripoly Phosphate)originating in China is to reopen an entry to India’s STPP market for China's enterprises, accordingto CCM International’s June issue of 
. On May 14th, 2012, China's Ministry of Commerce (MOC) issued that India decided to abolishimposed anti-dumping duties on STPP originating in China, according to India's Ministry of Commerce and Industry Administration of Anti-dumping (MCIAA).The anti-dumping investigation application was originally filed by India's Tata Chemicals Ltd. (TataChemicals) in 2009. Then in 2010, India decided to impose a six-month provisional anti-dumpingduty on China's STPP. Tata Chemicals is a prime producer of STPP in India. From April to Dec.2008, India imported USD43.38 million worth of STPP from China, accounting for 94% of the totalimports. Tata Chemicals and several STPP producers complained that a good deal of cheaper STPP imported from China deeply blocked the development of local STPP producers. In accordance with India's ruling released in Sept. 2010, China's four exporters (see the followingfigure) will be taxed from USD294/t to USD357/t. As for other Chinese exporters, they will be leviedtax of USD671/t based on the volume of the dumped exports.However, because Tata Chemicals and other India's chemicals companies currently have stoppedthe production of STPP, these enterprises suggested that MCIAA should cancel the anti-dumpingduty on STPP imported from China. Thus India decided to abolish the imposed anti-dumping dutyon STPP in China on Feb. 10th 2012. According to the final ruling, China's relative enterprises could lodge an appeal on customs toChina's court. It means that the enterprise involved in the event is expected to obtain a rebate.Furthermore, India's ruling regarding canceling imposed anti-dumping duty on STPP originating inChina is positive to China's STPP export market.
 
 Since the anti-dumping duty was imposed on China's STPP, China's export of STPP to Indiadeclined year by year. From 2009 to 2011, the export volume of STPP to India was 56,466 tonnes,33,305 tonnes and 10,050 tonnes, respectively accounting for 10.12%, 8.82% and 3.23% of totalexport volume. Correspondingly, if China's STTP export to India can be back to the level in 2009,China's STPP export volume will increase significantly in the future.
Source:
 
Phosphorus Industry China Monthly Report 1206 
Content of Phosphorus Industry China Monthly Report 1206:Phosphorus Ore
Company Dynamics: Phosphorus asset injection to improve Yuntianhua’s profitGoverment Guidance: Hubei issues phosphorus ore production goal of 2012Cooperation & Exchange: Wengfu and OCP to seek for win-win partnershipPolicy & Legislation:Compensation fees for phosphorus mine abolished in Yunnan Province
 Yellow Phosphorus
Industrial Dynamics: China’s yellow phosphorus price shows seasonal decline
Phosphate Fertilizer 
Company Dynamics: Batian to push its phosphate business expansion in GuizhouEconomical Data: China publishes first wholesale price index for DAP
Fine Phosphate Chemical
Policy & Legislation: China’s export of STPP to benefit from India’s anti-dumping rulingNew Project: Wengfu Zijin Project to put into operationCompany Dynamics: Competitor’s exit to benefit Yoke Technology in short time
… …
Phosphorus Industry China Monthly Report 
, a monthly publication issued by CCM Internationalon 15
th
of every month, provides you the latest information on company dynamic, industry dynamic,

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