Home / Knowledge / News / Textiles / Indonesian yarn producers seek import duty on foreign yarn
Indonesian yarn producers seek import duty on foreign yarn
24
Jun '15
Indonesia’s yarn producers have urged the government to impose a temporary safeguard duty on imported yarn products, which they say have severely damaged the market for locally made products, a leading Indonesian newspaper has reported.

Local yarn products, especially some major types of polyester, were mostly unable to compete with the cheaper imported yarns due to their higher production costs, the Indonesian Synthetic Fiber Association (APSyFI) secretary-general Redma G. Wirawasta said in Jakarta.

He claimed that many overseas yarn producers dumped their products on the Indonesian market and sold them at lower prices amid weak global demand.

“We have seen a rising demand for textile and garment products in recent years as our middle-class population has grown. But most of the garments use large amounts of imported yarns. We hope that the government helps the yarn producers until there is a stable supply and demand in the global market,” Redma told reporters after a meeting with industry minister Saleh Husin on June 22.

Redma said with the temporary safeguard duty, local downstream textile companies would use locally made yarn products.

The (APSyFI) predicted that the local textile industry’s total consumption of polyester would surge to around 650,000 tonnes this year, up from 620,000 tonnes last year, according to Redma.

Indonesia imported 135,000 tonnes lof polyester last year, a significant increase from 72,000 tonnes in 2010.

Polyester contributed the largest portion - 1.76 million tonnes or 39 per cent, to local textile fiber consumption last year according to the group’s data.

Local yarn makers had asked for anti-dumping duties in 2014, but Redma said even though the measure was imposed it was insufficient to reduce imported products.

Redma said the business group had formally filed its request for temporary safeguard duties to coordinating economic minister Sofyan Djalil, who had asked the trade ministry’s Indonesian Trade Safeguard Committee (KPPI) to provide assistance regarding the plan.

“We have talked to downstream companies and they understand our plan. However, we expect the government to bridge both of us, because it is they who will protect the local textile industry at the upstream to the downstream end,” Redma added. (SH)

Fibre2fashion News Desk – India


Must ReadView All

Apparel/Garments | On 24th Jun 2017

JD enters into strategic partnership with Farfetch

E-commerce giant, JD, China's largest retailer, and Farfetch, the...

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kevin Nelson
TissueGen

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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