The Ministry of Commerce determined that Devi Fisheries did not perform shrimp dumping between Feb. 2016 and Jan. 2017.

Commerce Ministry readjusts orders antidumping duty on Indian shrimp

INDIA
Tuesday, July 17, 2018, 01:30 (GMT + 9)

The US Department of Commerce has issued the final results of the twelfth administrative review of the antidumping duty order on certain frozen warmwater shrimp from India. 

In that administrative proceeding, Commerce looked at imports of Indian shrimp that entered the United States between February 1, 2016 and January 31, 2017.

As part of the proceeding, Commerce individually reviewed the sales of two Indian shrimp producer/exporters, Devi Fisheries Limited and the Liberty Group for that time period, according to the Southern Shrimp Alliance (SSA).

Based on the agency’s investigation, Commerce concluded that the Liberty Group had not dumped shrimp into the US market during that 2016-2017 timeframe, but that Devi Fisheries Limited had a weighted-average dumping margin of 1.35 per cent, which was also applied to all others Indian producer/exporters that were subject to the review.

The Alliance recalls that currently, because of the Final Results of the eleventh administrative review published in the Federal Register in September 2017, the Indian producer/exporter Falcon Marine Exports Limited is not subject to any cash deposit rate, while the other Indian producer/exporters that were subject to that review have a cash deposit rate of 0.84 per cent.

From the formal publication of the results of the 12th review in the Federal Registry, the Liberty Group will no longer be subject to a cash deposit requirement, but further imports from all other Indian producer/exporters subject to the twelfth administrative review will have an increased cash deposit obligation of 1.35 per cent.

The South Shrimp Alliance points out that through the first five months of this year, non-breaded frozen warmwater shrimp imported from India had an average unit value (AUV) of USD 4.34 per pound. Using this AUV as a proxy for the value of Indian shrimp, a 1.35 per cent cash deposit rate is the equivalent of a six cent per pound assessment on Indian shrimp imports.
 

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