Amines shares rally following DGTR's anti-dumping duty proposal
Shares of Balaji Amines climbed more than 12%, and Alkyl Amines Chemicals rose over 7.5% following a recommendation from the DGTR to impose anti-dumping duties on ethylene diamine imported from Taiwan, Saudi Arabia, the EU, and China. This decision is expected to boost the market outlook for local amines producers and enhance their ability to set prices.