India Extends Anti-Dumping Duties on Calcined Gypsum Powder from Gulf States and Iran
What happened
India extended the anti-dumping duty on imports of Calcined Gypsum Powder until March 16, 2027. The duty applies to powder exported from Iran, Oman, Saudi Arabia, and United Arab Emirates. This extension was approved following a recommendation by the Directorate General for Trade Remedies.
From moneycontrol.com
Why it matters
The extension of anti-dumping duties directly impacts the trade dynamics for Calcined Gypsum Powder, a material used in construction and pharmaceuticals. This measure protects domestic manufacturers in India from what the government deems cheap inbound shipments.
From moneycontrol.com
Who's involved
- IndiaThe country imposing the extended anti-dumping duties.
- Saudi ArabiaA country from which Calcined Gypsum Powder exports are subject to the extended duty.
- OmanA sovereign state from which Calcined Gypsum Powder exports are subject to the extended duty.
- United Arab EmiratesA country from which Calcined Gypsum Powder exports are subject to the extended duty.
- IranA country from which Calcined Gypsum Powder exports are subject to the extended duty.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Saudi ArabiaSpeculative
Saudi Arabia might face reduced sales or increased costs for Calcined Gypsum Powder exports to India.
- OmanSpeculative
Oman could face reduced sales or increased costs for Calcined Gypsum Powder exports to India.
- United Arab EmiratesSpeculative
United Arab Emirates could face reduced sales or increased costs for Calcined Gypsum Powder exports to India.
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The entities involved
- India
-
Saudi Arabia
country in West Asia
-
Oman
sovereign state in western Asia
-
United Arab Emirates
country in Western Asia
Related events
- India is diversifying its oil imports, sourcing crude from Russia, Oman, Saudi Arabia, Brazil, and facing potential US tariff risks.
- India is importing critical resources from several Gulf states, including Oman, the UAE, Qatar, and Saudi Arabia.
- India's exports to several Gulf states and the Hormuz region declined sharply due to the impact of the Iran-US conflict on trade routes.
- Potential punitive tariffs are being considered on crude imports involving India.
- Omani non-oil exports are primarily destined for UAE, Saudi Arabia, and India, with re-exported goods reaching Iran.