
Short To Mid Term of Stock Market
June 6, 2025 at 05:28 PM
OCCL LTD SEES MAJOR BOOST FROM NEW ANTI-DUMPING DUTIES 🚀 | MCAP 481.27 CR
- ANTI-DUMPING DUTIES IMPOSED ON 'INSOLUBLE SULPHUR' IMPORTS FROM CHINA PR AND JAPAN.
- OFFICIAL NOTIFICATION ISSUED BY THE MINISTRY OF FINANCE ON JUNE 6, 2025.
- DUTIES SET AT $307/MT FOR CHINA PR, $259/MT FOR SHIKOKU CHEMICALS (JAPAN), AND $358/MT FOR OTHER JAPANESE EXPORTERS.
- DUTIES EFFECTIVE FOR FIVE YEARS UNLESS REVOKED OR AMENDED.
- OCCL ANTICIPATES A POSITIVE PERFORMANCE IMPACT, THOUGH EXACT EFFECTS ARE HARD TO QUANTIFY DUE TO GEOPOLITICAL VARIABLES.
