Home / Knowledge / News / Textiles / PTEA pleads for duty free import of polyester yarn
PTEA pleads for duty free import of polyester yarn
09
Nov '10
Massive floods in Pakistan have devastated 20 percent of the cotton crop in the country. Pakistan Textile Exporters Association (PTEA) has urged the government for duty free import of polyester yarn to make up for this loss of cotton, and also the 30 percent deficit of polyester yarn in the country.

PTEA Chairman Wasim Latif and Vice Chairman Adil Manzoor Ellah voiced this demand.

They revealed that, Pakistani industries decided to import 5.5 million cotton bales from India to meet the cotton crop deficit in the country and the deal was almost finalized when Indian exporters reneged and declined to export cotton.

This had greatly dismayed the Pakistani exporters who now have no other way left but to use polyester yarn as an alternate input, they said. Also that the polyester yarn producing firms in Pakistan even while operating at their optimum levels are not able to meet the overall demand for the fibre in the country and are falling short by 30 percent, they added.

Thus, there has been a two-pronged supply scarcity for the raw material, on one side the floods have wiped out 20 percent of the cotton crop, and on the other the supply of polyester yarn too is falling short by 30 percent and is unable to meet the demands of textile manufacturers in the country.

In order to enable the textile exporters to fulfil their export orders, it is very much essential to ensure that they have enough raw materials to carry on their production activities, they said. This can be made possible only through withdrawing the ceiling and by permitting duty free import of polyester yarn in the country to revive the ailing textile industry, they added.

Fibre2fashion News Desk-India


Must ReadView All

Market share of Indian textile items expand in 13 nations

Textiles | On 11th Dec 2017

Market share of Indian textile items expand in 13 nations

Thirteen countries — Germany, France, Italy, the United States,...

Bangladesh garment exports rise 7.46% in July-Nov '17

Apparel/Garments | On 11th Dec 2017

Bangladesh garment exports rise 7.46% in July-Nov '17

Readymade garment exports from Bangladesh increased 7.46 per cent in...

Cotton price increase is not sustainable: ITF

Textiles | On 11th Dec 2017

Cotton price increase is not sustainable: ITF

The increase in cotton price seen last week is only a short-term...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Anupam Arya

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

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Urmil Arya

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

Kerem Durdag
Biovation II LLC

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

Eamonn Tighe
Nature Works LLC

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Sidharth Sinha
Sidharth Sinha

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Silvia Venturini Fendi
Fendi s.r.l

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

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
69.2%
No
12.1%
Skip
18.7%

Total Votes: 91

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
61.5%
No
30.8%
Skip
7.7%

Total Votes: 91

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
86.8%
No
9.9%
Skip
3.3%

Total Votes: 91

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
81.3%
No
8.8%
Skip
9.9%

Total Votes: 91


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