Ukraine to introduce 26% duty on imports of caustic soda from Russia

14:37, 11.05.2016 1 min read

The interagency commission for international trade in Ukraine has introduced final antidumping duties of 26% on imports of caustic soda of RD grade originating from Russia (foreign activity code 2815 12 00 10) for five years.

The commission made the decision on April 28. The decision was published on May 6 and will take effect in 30 days from the moment of its publication.

The commission established that in the period under investigation, from H2 2013 through H1 2014, caustic soda was imported to Ukraine at dumping prices, and since 2011 the prices of imported soda hindered growth of the price of the national producer to meet the production cost rise.

In 2011 through H1 2014 public joint-stock company Dniproazot that initiated the investigation saw a 24% decline in caustic soda sales on the domestic market and an 11.4% decline in its production, while its share of the Ukrainian market decreased by 18.5% and ending stocks increased by 54%.

The antidumping probe was started on November 3, 2014. It was extended three times, for two months each time, and lasted 18 months.