Sicuan silk whose export account for 40% is the first casualty of India's anti-dumping on China silk. Reporter know from Sicun Silk Chamber of Commerce in June.21 that in Silk Anti-dumping Hearing of Witnesses held by Sino-India in June.15, China representative lawyer will conduct answer while India will arrive in China to check the answer.
On April.27, India Anti-dumping Investigation Administration made preliminary judgment to negative China enterprise's application for market economy treatment and confirm anti-dumping profit margin of five sample enterprises –57.42% to 115.74, including the one of Sicuan enterprise—Sicuan Silk Import & Export Group is lowest, 57.42%. The average dumping profit margin of 22 enterprise that answer questionnaire and not been sampled is 107.91%. national one is 115.74%. In the meanwhile, it decide to impose anti-dumping tariff in the form of lowest price fixing.
"Once anti-dumping tariff is imposed, all Sicuan silk export enterprise will be affected." Sicuan Silk Chamber of Commerce introduce that Sicuan total silk export account for 70% of total China silk exported to India. If India begin to impose anti-dumping tariff, five big export enterprises including Sicuan Silk Co., Province Silk Co., Langrui Co., Xinlixin Co., Province Textile Co. will stand in the breach. The president of Province silk—Jiang Zhiyong anticipate that Sicuan enterprise export to India will decrease, even worse, it will drop out from market.
At present, Sicuan Province Silk Enterprises are organizing lawyer to collect answering material actively and will put forward in Junly.17.
