Group 1 - India has made significant adjustments to anti-dumping duties on PVC suspension resin originating from several countries, including China, Indonesia, Japan, South Korea, Thailand, and the United States, with the final duty rates for Chinese products increased from $82-$167/ton to $122-$232/ton [1] - The new duty rates are expected to reshape India's PVC import structure, with a notable impact on exports from China, which is the largest supplier of PVC to India [1] Group 2 - The implementation of India's BIS certification for PVC imports has been postponed to December 24, 2025, allowing more time for Chinese companies to apply for certification, although no Chinese PVC producer has yet obtained it [2] - India's annual PVC consumption is approximately 4 million tons, with over 2.5 million tons reliant on imports, and Chinese exports account for 45% of this total [2] Group 3 - Trade tensions have negatively impacted China's PVC exports, with a significant increase in exports in the first five months of the year followed by a decline of over 25% in June [3] - Although there has been a temporary easing of trade tensions, uncertainties remain regarding future export levels [3] Group 4 - The domestic PVC market in China is currently experiencing an oversupply situation, and the increase in anti-dumping duties by India, along with the potential implementation of BIS certification, is expected to increase export difficulties for Chinese PVC producers [4]

Group 1 - The Indian Ministry of Commerce has imposed anti-dumping duties on PVC suspension resin from China, the US, Japan, South Korea, and other regions, with a maximum tax of $284 per ton [1] - The tax rates for Chinese PVC are set between $122 and $232 per ton, which is an increase of $40 from the preliminary ruling, while the US rate has decreased by $32, indicating a double standard in the application of tariffs [3] - India relies on China for 42% of its PVC imports, and the new tariffs will force local companies to either pay higher prices or face production shortages, which could harm the domestic industry [3] Group 2 - The tax rates for South Korea range from $0 to $169 per ton, while Japan's rates are between $49 and $148 per ton, suggesting a targeted approach against Chinese companies [3] - The Indian construction and agriculture sectors are heavily dependent on PVC, and the imposition of tariffs will lead to increased costs for downstream industries, ultimately affecting Indian consumers [3] - The situation illustrates that trade wars do not yield winners, and aggressive tariff measures may backfire, jeopardizing local industries and employment [3]