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

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Yash P. Kotak
Bombay Hemp Company

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

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search