Home / Knowledge / News / Textiles / Imposing antidumping duty will raise production costs: API
Imposing antidumping duty will raise production costs: API
02
Jul '14
The imposition of anti-dumping duty on several types of yarns would result in an increase in production costs, Indonesian Textile Association (API) chairman Ade Sudrajat Usman has said.
 
In response to few petitions alleging dumping practices, the Indonesian Anti-Dumping Committee (KADI) has proposed imposition of anti-dumping duties ranging from 4.5 to 16 percent on various kinds of yarn.
 
Addressing a press conference in his office, Mr. Sudrajat said levying of such a duty on yarn, which are largely imported, would raise production costs, and it would harm the domestic textile industry in Indonesia.
 
In the first half of this year, Indonesia is estimated to have imported about 4,000 tons of yarn, including spin drawn yarn (SDY), partially oriented yarn (POY) and drawn textured yarn (DTY).
 
Mr. Sudrajat explained that KADI’s investigation was based on HS Code, which is too broad, and there are many kinds of yarn, for e.g. fine-denier yarn with certain specifications, that are imported by the spinning industry to manufacture high quality fabrics.
 
He added that the availability of high quality yarn is very important for the spinning industry to continue its business, as it cannot be met by the domestic yarn industry.
 
Mentioning about the hike in electricity tariff, which has come into effect from July 1, Mr. Sudrajat said it would also add to production costs of textile and garment companies, and some firms may shut down their factories after the Eid. It might also drive the country's textile and apparel imports by about 50 pecent after the Eid, he added.
 
He said, except for some products like sarongs which are not produced in other countries, Indonesian textile and apparel sector would face a very stiff competition from imported goods in the domestic market.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Certification for Philippine garment firms availing GSP

Textiles | On 20th Jun 2018

Certification for Philippine garment firms availing GSP

The Philippines has adopted rules on securing certificate of...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Top executives
Textile & apparel bodies

The mid-term review of FTP is progressive, growth oriented

Top executives
Textile industry

It will take some time for the people to change their buying choices

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Jay Ramrakhiani
Occasions Elegance Wear

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search