Home / Knowledge / News / Textiles / 'Anti-dumping charges on PTA imports will not hold' – experts
'Anti-dumping charges on PTA imports will not hold' – experts
06
Mar '09
Currently, China has initiated an anti-dumping probe on PTA imports, limited to PTA imports of general trade, while PTA shipments of other trade models like processing trade, etc, have been excluded from this anti-dumping case.

According to estimates, about 40 percent of China's total PTA imports in recent years have been meant more so for the processing trade and imports from Korea and Thailand amounted to 3,900,000 tons in 2008.

Off this figure, import volume of general trade accounted for 2,340,000 tons and the rest processing trade. Even if China imposes anti-dumping duty on PTA imports from these two countries, it can only do so in 2010.

China's total production capacity will reach 16.26 million tons in 2010 with a new capacity addition of 3.9 million tons by then, which could entirely fill up the volumes of PTA imports from Korea and Thailand.

China's anti-dumping targets are limited to PTA imports originating only from Korea and Thailand and at present, other countries of the Asian sub-continent such as Taiwan, Japan, Indonesia, have substantial spare capacity.

Once China's domestic PTA plants maliciously pull up prices and hurt interests of polyester factories, Taiwan, Japan, Indonesia and other countries, who are now operating their plants at low capacities, will increase their PTA exports.

Therefore, on the whole, the current anti-dumping charges initiated by domestic PTA manufacturers will not hold as due to excessive PTA capacity in Asia, it will never be able to change the buyers market prevalent in PTA supplies.

Fibre2fashion News Desk - China


Must ReadView All

India’s e-commerce policy framework in 6 months: official

Apparel/Garments | On 26th Apr 2018

India’s e-commerce policy framework in 6 months: official

In the next six months, India will come out with a framework for a...

MSME secretary Arun Kumar Panda presenting 'friend of India' plaque to a delegate from Malawi at the first International SME Convention. Courtesy: PIB

Apparel/Garments | On 26th Apr 2018

India to set up Digital Trade Desk for SME collaboration

India’s ministry of micro, small and medium enterprises (MSMEs) has...

Courtesy: Kai Pilger from Pexels

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Abhishek Pachauri

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

Rikesh Mistry

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

Urmil Arya

Sushila International, a well established textile organisation established ...

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...

Eamonn Tighe
Nature Works LLC

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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


April 2018

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
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

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
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

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
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

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
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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