Saudi Arabia exempt from India's anti-dumping duties on saturated alcohols

Saudi Arabia was exempt from India's planned anti-dumping duties on imports of Saturated Fatty Alcohols (SFA), which are produced by Saudi Kayan Petrochemical Co., the official news agency SPA reported on Tuesday.

The Directorate General Of Anti-Dumping and Allied Duties (DGAD) - the investigating arm of India's commerce ministry - approved Saudi Arabia's request to exempt its exports from planned duties, as Saudi sales in the Indian market are less than 308 tons, representing 3 percent of total SFA imports.

Meanwhile, India will continue to impose an anti-dumping duty on imports from Indonesia, Malaysia and Thailand.

Media reports said India was planning to impose an anti-dumping duty of up to $ 92.23 per ton, on import of a chemical used in pharmaceutical and agriculture sectors from Indonesia, Malaysia, Thailand and Saudi Arabia, following a DGAD probe.