India raises anti-dumping duty on jute imports from Bangladesh
after close1 source ↓written by the desknot a recommendation
India has increased anti-dumping duties on jute products from Bangladesh and Nepal, aimed at protecting local producers. This move may impact Bangladeshi exporters as India considers countervailing duties due to alleged export subsidies. The jute industry in India is expected to benefit from higher demand and improved capacity utilization in the coming months.
Not investment advice. For informational purposes only.