Search Result for : Rubber Imports

The Dollar Business Bureau  India has imposed a definitive anti-dumping duty of $22.89 on the imports of Aluminium Radiators, Aluminium Radiator Sub-Assemblies and Aluminium Radiator Core, including in complete knocked down (CKD) or semi-knocked-down (SKD) conditions, for use in used/on road vehicles and generator sets, from China.  A notification NO.20/2017-CUSTOMS (ADD)  to this effect was released by the DGAD on May 12, 2017. Citing material injury to the domestic industry as a result of the dumping of the goods below the normal value, the DGAD has imposed an anti-dumping duty of $22.89 on Aluminium Radiators, Aluminium Radiator Sub-Assemblies and Aluminium Radiator Core goods for a period of five years. The products specified in the description of the notification are generally used in ...

PTI Indian tyre manufacturers are actively seeking the supply of natural rubber from South-East Asian producers due to a slowdown in domestic production and increase in demand, industry officials said on Monday.India’s rubber industry is also expected to do hedging and risk management on Singapore Commodity Exchange (SICOM), prices set by which are used as a benchmark for rubber export from South East Asia.“More Indian tyre manufacturers and rubber consumers have been reaching out to South-East Asian rubber producers to secure supply,” said Tan Tee Yong, Director for Rubber Commodities at Singapore Exchange (SGX), the parent group of SICOM.He noted that Indian rubber-linked companies have set up offices in the midst of Singapore's global rubber trading hub, led by major producers.“The supply gap ...

Sai Nikesh D | The Dollar Business Natural rubber imports by India have been much higher than the actual production-consumption gap in recent years   Industry stakeholders have welcomed the government decision to reduce the time window of exports under the Rubber Advance License import scheme from 18 to 6 months. The United Planters' Association of Southern India (UPASI), an apex body of planters of tea, coffee, rubber, pepper and cardamom in the Southern States of India, said that the Ministry of Commerce’s announcement is a welcome step and will help stabilise sagging domestic rubber prices in the country. ] N. Dharmaraj, Vice-President, United Planters' Association of Southern India (UPASI) Dharmaraj, Vice-President, UPASI, said in a statement, “UPASI and other Grower Federations ...

 The Dollar Business Bureau Average production cost of natural rubber in India stood at around Rs.170 per kg in 2011-12, much higher than prevailing market prices   Around 17 tyre companies in India have agreed to buy raw rubber from within India at international prices plus the prevalent import duty to help farmers offload their stock and continue tapping. Rubber prices in India have been on a decline due to influx of imported rubber, which has grown from around 217,364 tonnes in 2012-13 to around 325,190 tonnes in 2013-14, an increase of almost 50%. Meanwhile, rubber production in India has is on a decline, dropping around 8% from about 913,700 tonnes to around 844000 tonnes in FY2013-14, primarily due to higher ...