No Hurdles in Export of Crystal Melamine despite Anti-Dumping Duties in India: CEO

No Hurdles in Export of Crystal Melamine despite Anti-Dumping Duties in India: CEO
(Friday, December 1, 2017) 22:49

TEHRAN (NIPNA) -- The managing director of Khorasan Petrochemical Company says enforcement of anti-dumping regulations in countries like India has not caused any hurdles in production and export of crystal melamine at his company.

Speaking to NIPNA, Esmaeil Mousavi said some countries have recently imposed anti-dumping tariffs on import of certain items but the duties have not created any trouble in production and export of the company’s crystal melamine.

He said his company exports the item to various countries in Asia and Europe, adding, “We have no trouble selling the product and are currently exporting it to various countries including Turkey, Singapore, Spain, Italy, Germany, etc.”

An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value. Dumping is a process where a company exports a product at a price lower than the price it normally charges on its own home market.

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