Home / Knowledge / News / Textiles / Imports of high tenacity polyester yarn face probe
Imports of high tenacity polyester yarn face probe
24
Sep '09
Recently, the European Commission launched anti-dumping investigation into imports of high tenacity polyester yarn, manufactured in China and other countries. This is the first trade remedy investigation on Chinese textiles since the end of 2008, when the China-EU textile agreement expired.

40 Chinese mainland enterprises are involved in the case, which involves more than US $100 million. In accordance with EU law, investigation procedures will last for 15 months since September 8, 2009 onwards. European Commission generally provides a preliminary ruling within 9 months after the establishment of the file.

The complaint was raised by the European Association of Man-made Fibers on behalf of three European companies. These three companies account for more than 60 percent share of EU total production of high tenacity polyester yarn.

The association has alleged that, export volume of Chinese made high tenacity polyester yarn to Europe increased from 2800 tons in 2004 to 51,400 tons in 2008, which also helped China increase its market share in European market promoted from 1.2 percent to 22.4 percent in 2008.

As early as February 2004, the European Union had filed anti-dumping accusations on high strength polyester fiber yarn made in Taiwan. Taiwan's exports of high-strength polyester yarn to the EU were only 2250 tons in 2001, but reached 5200 tons in 2002, and up to 7240 tons in the first 11 months of 2003.

The overall export value of high tenacity polyester yarn from China to the European Union touched about US $1.23 billion in 2008, an increase of 33.15 percent year on year.

Fibre2fashion News Desk - China


Must ReadView All

China reportedly cancels trade talks with US, Liu He visit

Apparel/Garments | On 22nd Sep 2018

China reportedly cancels trade talks with US, Liu He visit

Washington is reportedly positive about arriving at a solution to its ...

AmCham Cambodia cautions US against possible sanctions

Apparel/Garments | On 22nd Sep 2018

AmCham Cambodia cautions US against possible sanctions

In a letter to US lawmakers, the American Chamber of Commerce...

Courtesy: ycloset

Apparel/Garments | On 22nd Sep 2018

Alibaba invests in clothes sharing platform Ycloset

Chinese garment sharing platform YCloset has completed an undisclosed ...

Interviews View All

Headhonchos, Indian fashion industry

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Shiladitya K Joshi, Truetzschler India Private Limited

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Mukesh Agarwal & Rajesh Agarwal, Madhuram Fincap Pvt Ltd

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Manuele Baggini,

Manuele Baggini

Comec Italia Srl is a world leader in the production of printing machines. ...

Yash Jain & Sanjeev Jain,

Yash Jain & Sanjeev Jain

Divyam Export, launched about 30 years ago, exports to 15 countries,...

Siddhachakra Weaving (Badiya Fashion),

Siddhachakra Weaving (Badiya Fashion)

Ahmedabad-based Siddhachakra Weaving Pvt Ltd was established in 2011 under ...

Melissa Tate, University of New South Wales

Melissa Tate
University of New South Wales

<div><div><div><div><b>Melissa Tate</b>, a well-known scientist currently...

Davide Vigano, Sensoria

Davide Vigano
Sensoria

Sensoria is a leading developer of smart garments and IoMe (Internet of...

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

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

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Wendell Rodricks, Wendell Rodricks

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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


September 2018

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

news category


Related Categories:

Advanced Search