Home / Knowledge / News / Textiles / Rattan export restriction disturbs domestic industry

Rattan export restriction disturbs domestic industry

16
Jul '10
Farmers and campaigners have urged the government to again go through the 2009 Trade Ministry Regulation restricting the export of rattan, as the same could annihilate the domestic rattan industry.

Julius Hoesan from the Indonesian Rattan Businessmen Association (APRI), recently, during a conversation stated that, the rule has narrowed down rattan exports from country as it now permits exports to a maximum of 35,000 tons of semi-finished rattans per year.

He stated that, where the country has the calibre to produce around 696,000 tons of rattan each year, it hardly utilizes 40,000 tons of rattan per year. This leaves them in a dilemma as to what to do with the unutilized lot, as also this has lead to a fall in the prices of rattan.

According to him, the government should rather permit exporting these extra rattans. Lisman Sumardjani, Chairman of the Indonesian Rattan Foundation, said that, the annual domestic consumption of rattan came to around 75,000 tons, which has thus left the country with a surplus of 621,000 tons.

As per his estimates, if rattan were exported as semi-finished products, this could possibly reap US $1.8 billion to the country. Also he added that, there are possibilities of making more out of it, if rattan is transformed in to furniture or crafts prior to exporting the same.

Around 82 percent of the world's total rattan production comes from Indonesia, making it the biggest producer of rattan, world over. But, as export restrictions have lead to a dearth of rattan in the international market, production of synthetic rattan is on the rise.

Fibre2Fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 28th Mar 2020

Worldwide lockdowns, stimulus shots, raised PPE production

The global response this week to the unfolding COVID-19 crisis saw...

Pic: Shutterstock

Apparel/Garments | On 28th Mar 2020

Vietnam may outdo Bangladesh as 2nd largest RMG exporter

Though Bangladesh is now the second-largest garment exporter...

Pic: Shutterstock

Textiles | On 28th Mar 2020

Morgan Stanley rules out economic depression

With COVID-19 badly damaging the global economy, Morgan Stanley...

Interviews View All

Abhishek Samdaria, Reflete

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Top executives, Indian retail players

Top executives
Indian retail players

Walmart's acquisition of Flipkart endorses the humongous opportunities in...

Nishank Patel, Shri Dinesh Mills Limited

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Zennure Danisman,

Zennure Danisman

Since its inception in 1953, Orta Anadolu has been weaving a denim...

Cem Erdogrul,

Cem Erdogrul

Turkey-based Temsan Air Engineering is one of the leading manufacturers of ...

Umang Banthia,

Umang Banthia

Established in 2005, SL Banthia Textiles manufactures coated fabrics....

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

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

Asif Rahman, MIP

Asif Rahman
MIP

MIP is a manufacturer and distributor of high-performance textiles and...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

Pierre Wiertz talks about the vast world of sustainable nonwovens and...

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro and...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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


March 2020

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


Advanced Search