Page 153 - CW E-Magazine (17-6-2025)
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TRADE MEASURE
Anti-dumping duty imposed on imports of Vitamin A
palmitate and insoluble sulphur
The Union Government has im- falls on imports from China, Switzer- DSM Nutritional Products, will attract
posed anti-dumping duties (ADDs) on land, and the European Union (EU). a duty of $0.87/kg, while other Swiss
imports of Vitamin-A palmitate and The move follows an investigation by exporters will face $8.2/kg. A fl at rate of
insoluble sulphur – a rubber additive – the Directorate General of Trade Reme- $11.09/kg will apply to imports from
on China, Japan, Switzerland, and the dies (DGTR) which revealed that the the EU, the notifi cation stated.
European Union (EU). While Vitamin- price of Vitamin-A palmitate imported
A palmitate is used in pharmaceuticals, by these countries was lower than the Insoluble sulphur
food, and cosmetics, insoluble sulphur normal value. The DGTR also noted In a related notifi cation, the govern-
plays a key role in the rubber industry, “material injury” to domestic producers ment also slapped fi ve-year anti-
majorly in tyre manufacturing. of Vitamin-A palmitate due to large- dumping duties on imports of insoluble
scale dumping from China, the EU, and sulphur from China and Japan, used
The Ministry of Finance, in a notifi ca- Switzerland. primarily by tyre manufacturers to
tion on June 6, issued the anti-dumping improve rubber vulcanisation. Depend-
duties for a period of fi ve years unless it According to the notifi cation, the ing on the exporter, the duties range
is cancelled or revised. It aims to protect duties for Vitamin-A palmitate, range from $259 to $358 per tonne. Chinese
domestic manufacturers from low-priced from $0.87 to $20.87 per kg. The high- imports will face a fl at $307 per tonne
imports that affect the local industry. est duty has been imposed on Chinese levy. Among Japanese exporters,
exporters other than Shangyu NHU Shikoku Chemicals will be charged
Vitamin-A palmitate BioChem, which will face a lower $259 per tonne, while all others will
The ADD on Vitamin-A palmitate rate of $14.95/kg. Swiss producer, attract the highest rate of $358 per tonne.
SOURCING TROUBLES
‘India looking for other magnet sources after China’s curbs
on rare earth metals’
India is in talks with China on on certain geographies. It’s a wake-up ment from the Chinese embassy in
ensuring the supply of permanent magnets call for the whole world that you need India for importing critical rare earth
derived from rare earth minerals but is trusted partners in your supply chain,” magnets, but supply has not resumed as
also working on “alternate sources” for the minister said. the neighbouring country’s commerce
the critical components, according to ministry has not given its nod.
Commerce and Industry Minister, Piyush Auto industry and other industry
Goyal. He said the government is in bodies have represented the matter to “Obviously, there are issues around
constant touch with Indian industry the government seeking an early reso- the stopping of permanent magnets
to speed up the development of local lution of the problem. from China to India, which will
sources. affect our auto sector, particularly, and
China had in April mandated special several white goods and other sec-
China, which controls 90% of the export licences for seven rare earth ele- tors. Some companies have put in their
supply of rare earth magnets, has im- ments and related magnets. It is seeking applications, and we hope that good sense
posed curbs on supplies. These magnets an undertaking that permanent magnets prevails and they get their approvals for
are essential inputs in the manufacturing it supplies will not be re-exported to the permanent magnets,” the minister said.
of cars, electric vehicles and renewable US, nor will they fi nd applications in
energy equipment, among others. the defence industry. The government is also looking to
Indian Rare Earths Ltd. to speed up the
“In a way, it’s a wake-up call for all Nine auto component manufactu- development of domestic resources,
those who have become over-reliant rers have reportedly received endorse- Mr. Goyal said.
Chemical Weekly June 17, 2025 153
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