Zero-tariff policy: opportunities for China-Indian phenol trade cooperation

India introduced a temporary zero-tariff policy on phenol imports on April 2, 2026, and the move is anticipated to bring opportunities for China-India negotiations during this limited window.

On April 2, 2026, India announced a temporary zero-tariff policy for over 40 key petrochemical products, including phenol (HS Code 29071110), valid until June 30, 2026. This emergency measure, triggered by supply disruptions in West Asia, presents a rare window for Chinese phenol exporters. The Indian side stated that