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Anti-dumping duty on chemical from 5 nations

It is being said that the government may impose anti-dumping duty on a chemical used in polyester fibres and films, imported from five countries. It is being speculated that the Directorate general of Trade Remedies (DGTR), upon its investigation, has prima facie found that there is sufficient evidence of dumping of the chemical from these countries.

The authority is likely to probe into the alleged dumping and consequent injury to the domestic industry. These countries include Kuwait, Oman, Saudi Arabia, UAE and Singapore.