Chinese Enterprises Are Not Responding To Anti-Dumping Or Short Selling Of Viscose Staple Fibers In Indonesia Or Will Lose The India Market.

Recently, the anti dumping Bureau of the Ministry of Commerce and industry of India issued a notice on the anti-dumping investigation of viscose staple fibres (except bamboo fibers) originating in China.

During the investigation period, the anti-dumping Bureau regarded China as a non market economy country because no Chinese exporters were responding to the lawsuit, and used Indonesia as an alternative country to calculate the normal value of China's export products. At the same time, the anti-dumping bureau takes into consideration factors such as raw material prices, labor costs, interest rates and sales expenses, and finds that China's export products cause substantial damage to India's domestic industry. All the damages from Chinese enterprises were identified as 5%~15%.

Because India is not the main exporter of viscose staple fiber in China, many enterprises do not attach much importance to this anti-dumping. Zheng Junlin, the Secretary General of the China Chemical Fiber Industry Association, said he regretted that he had not responded to the Chinese viscose industry. He said, "the implementation period of anti-dumping is generally five years. If the enterprise abandons the lawsuit, it means it will be very difficult for the market to enter."

Zheng Junlin analysis, although China's viscose staple fiber exports to India is not large, but India textile and garment industry has great potential for development. In the next five years, India's market demand will grow faster. Zheng Junlin appealed to enterprises to participate in the review of the case, otherwise they would lose the market.