US cut in anti-dumping duty on shrimps to boost exports

New rate applies to 229 exporters not targeted for individual examination

The United States, the largest importer of Indian shrimps, has pegged its preliminary anti-dumping duty on the perishable seafood item at an average rate of 1.07 per cent.

The US commerce department has announced the preliminary determinations in the ongoing 11th administrative reviews of the anti-dumping duty orders against frozen warm water shrimp from India and Thailand. The period of review (POR) was from February 1, 2015 to January 31, 2016. 

The new rate applies to 229 Indian producers and exporters not selected for individual examination, sources said. The review-specific average duty in the 11th round was lower than the final tenth