DGTR Issues Final Findings Recommending Anti-Dumping Duty on
Elastomeric Filament Yarn (Spandex) Imports from China PR and Vietnam on Indorama Complaint
Ø China
– US$ 880 per MT to US$2033 per MT
Ø Vietnam
– US$794 per MT to US$1262 per MT
Ø Nearly
57% ADD on Prevailing Chinese Price of $3.55 per kg, Huge Protection to both
Indorama and Reliance Exporters and Local Industry in Surat and Ludhiana to
Suffer, India Market Value at $500mn Plus
·
The Directorate General of Trade Remedies
(DGTR) has issued final
findings dated 18 March 2026 in an anti-dumping investigation.
·
The investigation relates to imports of Elastomeric Filament Yarn
(EFY) from China
PR and Vietnam.
·
The product under consideration is Elastomeric Filament Yarns of all
deniers, commonly known as Spandex or Elastane.
·
The product is mainly used in:
o hosiery,
o stretch
garments,
o sportswear,
o innerwear,
o elastic
fabrics and compression garments.
·
Certain products such as coloured yarn (except black), Lycra-branded
yarn, yarn on beam and yarn for diapers are excluded from the
scope.
·
The investigation was initiated based on an
application filed by M/s
Indorama India Pvt. Ltd., representing the domestic industry.
·
The domestic industry alleged that dumped
imports from China and Vietnam were causing material injury.
·
Period of Investigation (POI): 1
October 2023 to 30 September 2024.
·
Injury analysis covered earlier financial years
along with the POI.
The Authority concluded that:
·
Imports from China PR and Vietnam were dumped in the Indian market.
·
Dumped imports increased in both absolute and relative terms.
·
Imported goods were undercutting domestic prices.
·
The domestic industry suffered price suppression, loss of profitability
and market share.
·
The performance of the domestic industry was severely affected due to dumped imports.
·
The Authority confirmed the existence of dumping, injury and causal
link between the two.
·
DGTR has recommended
imposition of anti-dumping duty on imports of Elastomeric
Filament Yarn from China PR and Vietnam.
·
The duty is recommended to protect the domestic industry and
restore fair competition.
The recommendation aims to:
·
prevent injury to the Indian manufacturer,
·
ensure fair pricing in the domestic market,
·
protect domestic production capacity,
·
maintain supply stability for downstream
textile industries.