Home / Knowledge / News / Textiles / Pak govt urged to help clear consignments from China

Pak govt urged to help clear consignments from China

28
Feb '20
Pic: Shutterstock
Pic: Shutterstock
The Sindh Industrial Trading Estate (SITE) Association of Industry recently appealed to the Pakistani government to allow early clearance of dye and chemical consignments from China, saying raw material prices are rising due to stuck up shipments at Chinese ports, while other suppliers have stopped supplying or are quoting 30 to 35 per cent higher prices.

“Our members complain that it is becoming difficult for them to continue with the production activities due to shortage of raw material, while prices in the local market have gone up by 50 to 100 per cent,” said SITE patron Zubair Motiwala.

In such a situation, an opportunity to raise exports has become an issue of survival for the domestic textile industry, he said.

No one keeps inventory for more than one or two months due to cash flow constraints, he was quoted as saying by Pakistani media reports.

Motiwala appealed to the prime minister, the finance adviser and the commerce minister to take urgent measures and direct the Pakistani embassy and consulate in China to get consignments cleared.

He feared if the situation prevailed, other countries would increase raw material prices further.

Motiwala also urged the government to immediately withdraw all the levies and front loading with immediate effect so that there should be minimum burden on cost escalation on the products, which were being sold earlier to this crisis.

Fibre2Fashion News Desk (DS)


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

DK Sharma, Velocity Apparelz

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Vasanth Kumar, Max Fashion India

Vasanth Kumar
Max Fashion India

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

Top executives, Textile industry

Top executives
Textile industry

The budget will give major impetus to textile and apparel consumption

Priyanka Gandhi,

Priyanka Gandhi

Established in 2016, Surat-based Shree Ganesh Yarns is a manufacturer of...

Aaron Spivak,

Aaron Spivak

Canada-based Hush Blankets was founded by Lior Ohayon and Aaron Spivak to...

Abhishek Ralli,

Abhishek Ralli

Guide group is a government recognised manufacturing house engaged in the...

Marcel Alberts, Eurofibers

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Justin Gutierrez, INDA

Justin Gutierrez
INDA

The Association of the Nonwoven Fabrics Industry (INDA) has created a new...

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

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

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

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

Pranav Mishra, Huemn

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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