Home / Knowledge / News / Textiles / NTC not to impose anti-dumping duty on Chinese PSF: APTMA
NTC not to impose anti-dumping duty on Chinese PSF: APTMA
05
Aug '13
The National Tariff Commission (NTC) shall not subject polyester staple fibre (PSF) imports from China to anti-dumping duty, All Pakistan Textile Mills Association (APTMA) acting chairman Wisal Monnoo has said.
 
He said NTC has accepted APTMA’s urge of not subjecting PSF imports from China to anti-dumping levy.
 
Based on application by local PSF industry, NTC subjected PSF import from China to anti-dumping investigation in June 2012.
 
In its representation in support of not levying anti-dumping duty on PSF imports, APTMA highlighted that PSF imports would lead to rise in textile imports, which in long-term would benefit the textile sector, as use of polyester is bound to rise. 
 
PSF is a key industrial material used by the textile industry for adding value to export-oriented textile products. These value-added products reap billions of dollars worth foreign exchange due to enhanced competitiveness, Mr. Monnoo said. 
 
Further, pointing at high competitiveness prevailing in the global market, Mr. Monnoo said the global textile industry operates with very low margins. To stand in this competitive market, it is necessary to allow import of PSF, as Pakistan’s domestic PSF output falls short by around 150,000 tons to cater to local annual demand of around 500,000 tons.
 
Anti-dumping duty imposition would impact the competitiveness of export-oriented textile products of Pakistan, and hence APTMA and other concerned parties were against the levy and presented their case before the NTC. 
 
APTMA noted that as provisional anti-dumping levy on PSF imports continued for four months, this pushed up the import cost of PSF, as also domestic PSF producers raised their margins, making domestic PSF costlier.
 
 

Fibre2fashion News Desk - India


Must ReadView All

Chinese firm sets up textile-garment chain in Vietnam

Apparel/Garments | On 13th Dec 2017

Chinese firm sets up textile-garment chain in Vietnam

Worldon Vietnam Co. Ltd under the Chinese Shenzhou Group is likely to ...

Courtesy: SATO Global Solutions

Information Technology | On 13th Dec 2017

Sensor networks improve inventory management

Sensor networks like radio frequency identification (RFID) and smart...

CMAI hails review of FTP as 'progressive package'

Apparel/Garments | On 13th Dec 2017

CMAI hails review of FTP as 'progressive package'

The Clothing Manufacturers' Association of India (CMAI) has hailed...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Top executives
Textile & apparel bodies

The decision is transformational

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search