Home / Knowledge / News / Textiles / Antidumping duty reduced on Chinese high tenacity yarn
Antidumping duty reduced on Chinese high tenacity yarn
Jan '11
The European Union recently issued a notice of its formal final ruling of anti-dumping case against China's polyester high tenacity yarn. Two companies involved in Shaoxing City obtained lower anti-dumping tax rates. Of which, the anti-dumping tax rate of Shaoxing Haifu Chemical Fibre Ltd fell to 5.3 percent from preliminary 9.3 percent.

It is learnt that, the EU initiated anti-dumping investigations on polyester high tenacity yarn products in September 2009 and the involved amount reached was US $124 million, of which Shaoxing Haifu Chemical Fibre and Zhejiang Guxiandao Industrial Fibre made up for a major portion of these imports.

The anti-dumping duty rate of 5.3 percent has weakened competitive advantage of Chinese exports to the EU, but it is still within a bearable range," said Manager Yao of Shaoxing Haifu Chemical Fibre.

The company has not only maintained its important EU market through this deal, but more important is that, it has derived a lot of experience from it, so the enterprise will pay more attention to improving quality.

Shaoxing Haifu Chemical Fibre exported nearly 1 million tons to the EU from January to November in 2010. The company has 9 production lines (45,000 tons of capacity) at full load operation; in addition and plans to increase its production by 15,000 tons by introducing three advanced production lines in 2011.

Fibre2fashion News Desk

Must ReadView All

Apparel/Garments | On 21st Oct 2016

China’s garment retail sales grow 7.2% in Jan-Sept ’16

Retail sales of garments, footwear, hats and knitwear of Chinese...

Mike Preston, executive director of the Arkansas Economic Development Commission (AEDC), signing MoU with Tang from Suzhou Tianyuan Garments company. Courtesy: Government of Arkansas

Apparel/Garments | On 21st Oct 2016

Suzhou Tianyuan to open $20 mn garment factory in US

Suzhou Tianyuan Garments company, a Chinese manufacturer of casual...

Textiles | On 21st Oct 2016

Pakistan’s textile exports fall 5.96% y-o-y in Q1 FY17

The value of textile and garment exports made by Pakistan decreased...

Interviews View All

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Vasanth Kumar
Max Fashion India

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

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Marten Alkhagen
Swerea IVF AB

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

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...

Robert Brunner

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search