India's release of glass fiber anti-dumping investigations revealed the factual disclosure

On December 23, 2010, the anti-dumping bureau of the Ministry of Commerce and Industry of India issued a fact-finding report on the anti-dumping investigation of glass fibreglass (glass fibre and articles) originating in China.

In this disclosure, the anti-dumping bureau still regards China as a non-market economy country and does not give Chinese exporters market economic treatment. In the end, the dumping margins of Chinese export companies are determined as follows:

1. Shandong Taishan Bidi Osac Glass Fiber Products Co., Ltd., Taishan Glass Fiber Co., Ltd. and Taishan Glass Fiber Zoucheng Co., Ltd.: 25%-35%;

2. Jushi Group and Chengdu and Jiujiang Co., Ltd.: 20% to 30%;

3, Chongqing International Composite Materials Corporation: 15% to 25%;

4, other Chinese companies: 50% to 60%.

The Anti-dumping Bureau also comprehensively considers factors such as import volume, market share, import prices, production capacity, sales volume and expenses, profit margins, and inventory levels. In the end, the damage extent of Chinese export companies was determined as follows:

1. Shandong Taishan Pideosat Glass Fiber Products Co., Ltd., Taishan Glass Fiber Co., Ltd., and Taishan Glass Fiber Zoucheng Co., Ltd.: 15%-25%;

2. Jushi Group and Chengdu and Jiujiang Co., Ltd.: 15%-25%;

3, Chongqing International Composite Materials Corporation: 5% to 10%;

4, other Chinese companies: 30% to 40%.

In January 2010, the India Anti-dumping Bureau officially conducted an anti-dumping investigation on the product. In June 2010, the anti-dumping bureau made an affirmative preliminary ruling.

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