Shares of domestic chemical companies rallied sharply on Friday after India\u2019s trade body recommended imposing anti-dumping duties on a key chemical imported from China, boosting sentiment across the sector.<\/p>\n\n\n\n
The Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce, has proposed a duty of $3,453 per metric tonne on imports of 4,4-Diamino Stilbene-2,2-Disulphonic Acid (DASDA). The chemical is widely used in optical brightening agents and dye intermediates, especially in the textile industry.<\/p>\n\n\n\n
The move follows an investigation triggered by a complaint from Deepak Nitrite Limited<\/a>, which flagged concerns over low-priced Chinese imports hurting domestic manufacturers. The DGTR found preliminary evidence of dumping, noting that imports were priced below fair market levels, causing material injury to local players.<\/p>\n\n\n\n As part of the proposal, a reference price mechanism has been suggested. Importers would need to pay the difference if shipment prices fall below the benchmark level of $3,453 per tonne. The final decision now rests with the Ministry of Finance.<\/p>\n\n\n\n The development triggered strong buying interest in chemical stocks. Bodal Chemicals Limited<\/a> led the rally, surging nearly 19% intraday. Sudarshan Chemical Industries Limited<\/a> gained around 8%, while Deepak Nitrite Limited<\/a> and Meghmani Organics Limited<\/a> rose over 4% each.<\/p>\n\n\n\n India had previously imposed anti-dumping duties on DASDA imports, which were withdrawn in 2019. The potential reintroduction signals a renewed push to protect domestic manufacturers from unfair pricing practices.<\/p>\n\n\n\n If implemented, the duty could improve pricing power and margins for Indian chemical producers, while also reducing reliance on cheaper imports, strengthening the domestic industry outlook.<\/p>\n","protected":false},"excerpt":{"rendered":" Shares of domestic chemical companies rallied sharply on Friday after India\u2019s trade body recommended imposing…<\/p>\n","protected":false},"author":2,"featured_media":743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[152,151,154,153],"class_list":["post-742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chemicals","tag-bodalchem","tag-deepakntr","tag-mol","tag-sudarschem"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\n","aioseo_head_json":{"title":"Chemical Stocks Surge as India May Levy Anti-Dumping Duty on Chinese DASDA Imports - BULLSCREEN","description":"Indian chemical stocks jumped up to 19% after the DGTR proposed anti-dumping duties on Chinese DASDA imports. Key players like Bodal Chemicals, Sudarshan, and Deepak Nitrite saw strong gains, boosting investor sentiment.","canonical_url":"https:\/\/www.bullscreen.in\/news\/chemical-stocks-surge-as-india-may-levy-anti-dumping-duty-on-chinese-dasda-imports\/","robots":"max-image-preview:large","keywords":"","webmasterTools":{"miscellaneous":""},"schema":null,"og:locale":"en_US","og:site_name":"NSE & BSE Stock Market News - BULLSCREEN - Smart analysis for smart decisions.","og:type":"article","og:title":"Chemical Stocks Surge as India May Levy Anti-Dumping Duty on Chinese DASDA Imports - BULLSCREEN","og:description":"Indian chemical stocks jumped up to 19% after the DGTR proposed anti-dumping duties on Chinese DASDA imports. Key players like Bodal Chemicals, Sudarshan, and Deepak Nitrite saw strong gains, boosting investor sentiment.","og:url":"https:\/\/www.bullscreen.in\/news\/chemical-stocks-surge-as-india-may-levy-anti-dumping-duty-on-chinese-dasda-imports\/","og:image":"https:\/\/www.bullscreen.in\/news\/wp-content\/uploads\/2026\/03\/chemical-stocks-surge-as-india-may-levy-anti-dumping-duty-on-chinese-dasda-imports.jpg","og:image:secure_url":"https:\/\/www.bullscreen.in\/news\/wp-content\/uploads\/2026\/03\/chemical-stocks-surge-as-india-may-levy-anti-dumping-duty-on-chinese-dasda-imports.jpg","og:image:width":"800","og:image:height":"447","article:published_time":"2026-03-21T07:38:28+00:00","article:modified_time":"2026-03-25T12:28:29+00:00","article:author":"https:\/\/www.facebook.com\/Bullscreen\/","twitter:card":"summary_large_image","twitter:title":"Chemical Stocks Surge as India May Levy Anti-Dumping Duty on Chinese DASDA Imports - BULLSCREEN","twitter:description":"Indian chemical stocks jumped up to 19% after the DGTR proposed anti-dumping duties on Chinese DASDA imports. Key players like Bodal Chemicals, Sudarshan, and Deepak Nitrite saw strong gains, boosting investor sentiment.","twitter:creator":"@Bullscreen_","twitter:image":"https:\/\/www.bullscreen.in\/news\/wp-content\/uploads\/2026\/03\/chemical-stocks-surge-as-india-may-levy-anti-dumping-duty-on-chinese-dasda-imports.jpg"},"aioseo_meta_data":{"post_id":"742","title":"#post_title #separator_sa BULLSCREEN","description":"Indian chemical stocks jumped up to 19% after the DGTR proposed anti-dumping duties on Chinese DASDA imports. Key players like Bodal Chemicals, Sudarshan, and Deepak Nitrite saw strong gains, boosting investor sentiment.","keywords":null,"keyphrases":{"focus":{"keyphrase":"","score":0,"analysis":{"keyphraseInTitle":{"score":0,"maxScore":9,"error":1}}},"additional":[]},"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"featured","og_image_url":"https:\/\/www.bullscreen.in\/news\/wp-content\/uploads\/2026\/03\/chemical-stocks-surge-as-india-may-levy-anti-dumping-duty-on-chinese-dasda-imports.jpg","og_image_width":"800","og_image_height":"447","og_image_custom_url":null,"og_image_custom_fields":null,"og_video":"","og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"featured","twitter_image_url":"https:\/\/www.bullscreen.in\/news\/wp-content\/uploads\/2026\/03\/chemical-stocks-surge-as-india-may-levy-anti-dumping-duty-on-chinese-dasda-imports.jpg","twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"BlogPosting","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":"-1","robots_max_videopreview":"-1","robots_max_imagepreview":"large","priority":null,"frequency":"default","local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":{"faqs":[],"keyPoints":[],"titles":[],"descriptions":[],"socialPosts":{"email":[],"linkedin":[],"twitter":[],"facebook":[],"instagram":[]}},"created":"2026-03-21 07:38:30","updated":"2026-03-25 12:48:03","seo_analyzer_scan_date":null},"aioseo_breadcrumb":"