Home / Knowledge / News / Textiles / Demand for anti-dumping duty on polyester imports from China
Demand for anti-dumping duty on polyester imports from China
23
Jan '09
Since anti-dumping duties had been levied on imports of polyester from countries other than China, the local manufacturers are hopeful of having the same implemented against the Chinese exporters.

The polyester producers have petitioned to the concerned government department, mandating the creation of a tariff barrier for polyester imports from China. The Polyester Staple Fibre Manufacturers Group (PSFM) has taken the lead in lobbying for the anti-dumping duty.

In the past, China was a big importer of polyester from other Asian countries. But now over a period of time it has built vast polyester capacities, leading to negligible imports of the raw material. This has led to these manufacturers seeking new markets and also selling at low rates, to the detriment of the local polyester producers, which led to an levy being applied to imports from these countries.

China has added vast polyester capacities in the last few years and since the unfolding of the economic crisis, is looking for new markets due to the slowdown in its domestic markets. Chinese manufacturers are dumping polyester in Pakistan and other markets at prices lower than those at which they sell in the domestic markets.

This has rung alarm bells among the polyester manufactures in Pakistan, who are struggling to keep themselves afloat. Most of the polyester units are operating below capacity since the last few months and the Chinese polyester dumped at low prices is creating havoc amongst the polyester manufacturers.

fibre2fashion.com spoke to Mr Shahid Amin, Secretary General, Polyester Staple Fibre Manufacturers Group (PSFM) to get a better understanding of the situation. He said, “Yes, PSFM has petitioned to the National Tariff Commission of Pakistan to impose anti-dumping duty on Chinese PSF exporters as they are dumping PSF in Pakistan and we have supplied substantial evidences to this effect.”

According to him, the import duty on Polyester Staple Fibre was 7.5%. In the budget for the year 2008~2009 it was reduced to 4.5%. The government in the past, with the purpose to protect its domestic industry had levied a 15 percent duty on imports of polyester. But on expiry of the period in June last year, had reduced the duty substantially.

Fibre2fashion News Desk - India


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Rikesh Mistry

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

Liz Manning

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

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Mohammad Hassan
Biax Fiberfilm

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

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