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

Apparel/Garments | On 22nd Sep 2017

Govt announces new duty drawback rates for garments

The Government of India has today announced the new duty drawback...

Courtesy: ITMA

Textiles | On 22nd Sep 2017

ITMA 2019 to focus on smart garment technologies

ITMA 2019, the world's largest textile and garment technology...

Apparel/Garments | On 22nd Sep 2017

New US FTC rule for RN used on textile product labels

The US Federal Trade Commission recently streamlined requirements...

Interviews View All

Top executives
Textile industry, India

The event should be organised every year

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kevin Nelson
TissueGen

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

Robert Brunner
Devereux

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

Igor Chapurin
Chapurin

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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