OCCL Ltd Initiates CVD Investigation on China's Insoluble Sulphur Imports

OCCL Ltd has announced the initiation of a Countervailing Duty (CVD) investigation by India's Directorate General of Trade Remedies (DGTR) concerning imports of "Insoluble Sulphur" originating from China PR. The investigation, initiated on OCCL's application as the sole domestic producer, aims to assess alleged subsidies provided by the Chinese government and their impact on the Indian industry. The period of investigation was April 1, 2025, to March 31, 2026. The company notes that any financial impact is currently unquantifiable and will depend on the DGTR's final findings and the Ministry of Finance's decision. This follows existing anti-dumping duties on similar imports from China and Japan.