DGTR Recommends Anti-Dumping Duty on PVC Resin Imports: Potential Impact on Supreme Industries

1 min read     Updated on 22 Aug 2025, 12:58 PM
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Jubin VergheseBy ScanX News Team
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Overview

The Directorate General of Trade Remedies (DGTR) has recommended imposing anti-dumping duties on PVC resin imports for five years. This move could benefit domestic manufacturers like Supreme Industries, a major player in the PVC and plastic products sector. The proposed measure aims to protect domestic producers from unfairly priced imports, potentially enhancing competitiveness and affecting pricing strategies for companies in the industry.

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*this image is generated using AI for illustrative purposes only.

The Directorate General of Trade Remedies (DGTR) has recommended the imposition of anti-dumping duties on imports of PVC resin for a period of five years, a move that could significantly impact companies in the PVC and plastic products sector, including Supreme Industries .

Key Points

  • The DGTR's recommendation aims to protect domestic manufacturers from unfairly priced imports.
  • Supreme Industries, a major player in the PVC and plastic products sector, may benefit from this proposed measure.
  • The anti-dumping duty, if implemented, would be in effect for five years.

Potential Implications for Supreme Industries

Enhanced Competitiveness

The proposed anti-dumping duty could level the playing field for domestic PVC resin producers, potentially benefiting Supreme Industries' raw material sourcing.

Pricing Strategy

With potentially reduced competition from cheaper imports, the company might have more flexibility in its pricing strategies for PVC-based products.

Supply Chain Considerations

Supreme Industries may need to reassess its supply chain and raw material procurement strategies in light of these potential changes in the PVC resin market.

Company Overview

Supreme Industries Ltd. is a leading plastics product manufacturer in India. The company produces a wide range of plastic products, including plastic piping systems, cross laminated films and products, protective packaging products, and industrial molded components.

Recent Corporate Actions

According to the latest LODR (Listing Obligations and Disclosure Requirements) data, Supreme Industries has initiated a 100-day campaign called "Saksham Niveshak" from July 28, 2025, to November 6, 2025. This campaign aims to:

  • Encourage shareholders to update their KYC (Know Your Customer) details
  • Update bank mandates and nominee information
  • Claim unpaid or unclaimed dividends

The company has urged shareholders to take action to prevent their shares and unclaimed dividends from being transferred to the Investor Education and Protection Fund (IEPF).

While this corporate action is not directly related to the DGTR's recommendation on anti-dumping duties, it demonstrates the company's commitment to shareholder engagement and regulatory compliance.

As the situation develops, investors and industry observers will be watching closely to see how the potential implementation of anti-dumping duties on PVC resin imports might affect Supreme Industries and the broader plastic products sector in India.

Historical Stock Returns for Supreme Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.14%+3.01%+7.41%+29.51%-14.44%+243.54%
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Supreme Industries Braces for PVC Resin Price Hike Amid Anti-Dumping Duty Implementation

1 min read     Updated on 19 Aug 2025, 04:54 PM
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Reviewed by
Jubin VergheseBy ScanX News Team
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Overview

Supreme Industries expects PVC resin prices to increase by ₹8.00-10.00 per kg following the implementation of Anti-Dumping Duty in India. This price rise is likely to impact the company's raw material costs for PVC-based products. The anticipated increase could affect production costs and potentially lead to adjustments in product pricing. As a leading plastic products manufacturer, Supreme Industries' response to these market changes will be crucial for maintaining its competitive position.

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*this image is generated using AI for illustrative purposes only.

Supreme Industries , a leading plastic products manufacturer in India, is anticipating a significant increase in PVC resin prices following the implementation of Anti-Dumping Duty (ADD) in the country. The company expects the prices to rise by ₹8.00-10.00 per kilogram, a development that could have substantial implications for its raw material costs and potentially impact its product pricing strategy.

Expected Price Increase

Supreme Industries has forecasted that the implementation of the Anti-Dumping Duty will lead to a price hike of ₹8.00-10.00 per kg for PVC resin in the Indian market. This increase is noteworthy, considering PVC resin is a crucial raw material for many of the company's products.

Impact on Raw Material Costs

The anticipated price rise is expected to directly affect Supreme Industries' raw material costs, particularly for its PVC-based products. PVC resin is a key component in the manufacturing of various plastic items, including pipes, fittings, and other construction materials that form a significant part of the company's product portfolio.

Anti-Dumping Duty Implementation

The impending implementation of the Anti-Dumping Duty is the primary factor behind the expected price increase. Anti-dumping duties are typically imposed to protect domestic industries from unfair competition by foreign manufacturers who sell their products at prices lower than their normal value in their home market.

Potential Implications

The price hike could potentially lead to:

  1. Increased production costs for Supreme Industries
  2. Possible adjustments in the pricing of their PVC-based products
  3. A need for strategic planning to maintain competitiveness in the market

As one of India's prominent plastic products manufacturers, Supreme Industries' anticipation of this price increase highlights the broader implications of the Anti-Dumping Duty on the domestic plastic industry. The company's ability to navigate these changing market conditions will be crucial for maintaining its market position and financial performance in the coming months.

Investors and industry observers will likely be watching closely to see how Supreme Industries and other players in the plastic manufacturing sector respond to these evolving market dynamics.

Historical Stock Returns for Supreme Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.14%+3.01%+7.41%+29.51%-14.44%+243.54%
Supreme Industries
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