Home / Knowledge / News / Textiles / Textile body opposes anti-dumping duty on PSF
Textile body opposes anti-dumping duty on PSF
10
Aug '10
Recently the government proposed to impose anti-dumping duty on imports of polyester staple fibre (PSF) from India, Taiwan, and China. The same has been out rightly rejected by the Indonesian Textile Association (API). According to API, it will have a negative impact on the textile spinning and its downstream sectors.

In the previous year, there were around 30 companies engaged in production of PSF, which serviced around 225 spinning enterprises, 1067 fabric manufacturing units and almost 1,000 apparel production factories and demand for PSF outstrips supply in the domestic Indonesian market.

In the previous year, the 30 companies put together produced approximately 500,000 tons of PSF of which 286,000 tons were exported. The country imported around 749,000 tons of PSF in the same year, which was complimented by locally produced PSF sold in the domestic market, totaling to 214,000 tons.

According to API, additionally a few PSF plants are planning to undertake a maintenance turnaround, which will reduce the supply from domestic PSF producers and will actually create a situation, whereby, PSF will be in short supply and imports will have to be increased.

Taking all the facts into consideration, API has pleaded with the government to not impose anti-dumping duty on imports of PSF as it would impact the textile industry to a very great extent and instead advise the local PSF producers to reduce their costs, which are higher than those prevailing in other countries.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 26th Jun 2017

US initiates probe into PSF imported from 5 nations

The department of commerce of the US has initiated investigations for ...

Textiles | On 26th Jun 2017

USTR announces AGOA review for Rwanda, Tanzania & Uganda

The office of the US trade representative (USTR) has announced the...

Textiles | On 26th Jun 2017

Braskem invests in polypropylene production facility in US

The Board of Directors of Braskem, one of the largest producer of...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Eric Scholler
Groz-Beckert

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

Ashok Desai
Bombay Textile Research Association

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Bani Batra

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

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:
July 2017

July 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