MUSHROOM DUMPING
Article Abstract:
The Administration of USA has imposed an anti-dumping duty on canned mushrooms from India, China and Indonesia. The anti- dumping duty on Indian exporters is 7.94-243.87 percent, depending on the company. The Commerce Department of USA levies 6.28 percent on Agro Dutch Foods Ltd, 14.19 percent on Ponds (India) Ltd, 243.87 percent on Alpine Biotech Ltd and Mandeep Mushrooms Ltd and 10.87 percent on the rest. India has exported 20,000 tonnes of canned mushrooms. Mushroom processing units in USA have closed down. The price of mushroom had fallen to $12 per case of 20 kg and has risen to $14 now. Before the imposition of the anti-dumping duty, the price of mushroom was $18 per case of 20 kg. Indian mushrooms will be very competitive and there is a good potential for exports to USA. (rk) (kvr)
Comment:
The Administration of USA has imposed an anti-dumping duty on canned mushrooms from India, China and Indonesia.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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BEL STOPS PRODUCTION AT TALOJA
Article Abstract:
Bharat Electronics Ltd (BEL) has stopped production of black and white picture tubes at its Taloja unit. BEL is likely to sell the unit. The unit has incurred loss of Rs16 crore in the last one year. The company is scouting for buyers for the unit. The sale of the unit is said to help improve company's balance sheet. (um)(psr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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