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Related Keywords: anti-dumping duty, curtains, DGAD, Gujarat Polyfilms Pvt Ltd and AYM Syntex, Imposition of duty points, JCT ltd, nylon filament yarn, sewing and embroidery thread and fishnets, yarn

To recommend duties, the DGAD in it’s probe would have to establish that dumping has caused material injury to domestic players. Anti-dumping duties are levied to provide a level playing field to the local industry by guarding against below-cost import. Imposition of anti-dumping duty is permissible under the World Trade Organization (WTO) regime. India and China both are members of the Geneva-based body. The duty is directed at ensuring fair trading practices and creating a level-playing field for domestic producers vis-a- vis foreign producers and exporters.

Related Keywords: AIMIM, anti-dumping duty, Bhiwandi Powerloom Federation, cost of grey fabrics produced going up, Demand to remove anti-dumping duty on yarn, forced to buy expensive yarn, FOSTTA, impose a duty on import of fabrics, local textile industry, Make in India policy, MIMA, proving disastrous, raised from various circles

Demand to remove anti-dumping duty on yarn is being raised from various circles including Federation of Surat Textile Traders Association (FOSTTA), Malegaon Industries and Manufacturers Association (MIMA), Bhiwandi Powerloom Federation and other organisations working for the industry. Also Hyderabad MP and All India Majlis-e-Ittehadul Muslimeen (AIMIM) President Asaduddin Owaisi making a strong appeal to the government to remove anti-dumping duty on synthetic yarn, on Wednesday said that the government's 'Make in India' policy is proving disastrous for the local textile industry.

Related Keywords: anti-dumping duty, global market, high cost of key raw material, in consultation with Finance and revenue department, look at duty cut on MMF, making Indian goods uncompetitive, manufacturing blended garment, most common man-made fibres, Textile Ministry, tonnes of material imported, viscose fibre, World Trade Organisation

The textile ministry in consultation with the finance and revenue departments to look at the possibility of a duty cut on man-made fibre as high cost of key raw material for manufacturing blended garments is making Indian goods uncompetitive in the global market. Each year, nearly Rs . 900 crore worth of man-made fibre material is imported by garment makers.

The textile industry has been intensely lobbying for duty cuts on both domestic and import fronts, had been given hope during the previous year's budget, but the decision is yet to arrive.

Related Keywords: anti-dumping duty, CITI, costs of converting raw material, ICF, Make in India, Nirmala Sitharaman, raw material costs, reduction of excise duty, removal of import duty, revive textile industry, SIMI, SISPA, Texprocil

The Southern India Mills’ Association (SIMA), Confederation of Indian Textile Industry (CITI), Cotton Textiles Export Promotion Council (TEXPROCIL), Indian Cotton Federation (ICF), South India Spinners Association (SISPA) and other stake holders has submitted a joint memorandum to Nirmala Sitharaman, Minister of State (Independent Charge) for Commerce & Industry urging for a cut in duties to revive the industry.

Related Keywords: anti-dumping duty, Indo Rama Synthetics, Mitsubishi Chemical, polyester fiber and yarn, polyester producers, PSF manufacturers, PTA, PTA User Association, Purified terephthalic acid, raw material, RIL

The decision of purified terephthalic acid (PTA) producers like Reliance Industries Ltd (RIL) and Mitsubishi Chemical to increase prices by a steep Rs 2,100 a tonne from August 1 - just a week after the new government imposed anti-dumping duty on the product despite stiff opposition from the user lobby have added yet another chapter to their long-drawn battle.

Related Keywords: anti-dumping duty, festive season, liquidity crunch, low market response, manmade textile players, raw material prices, South Gujarat Textile Exporters' Association, South Gujarat Textile Processors Association, Surat textile industry

Dull business since past 4-5 months has created liquidity crunch among the man-made textile players, especially in the processing, dyeing and weaving value chain. This has led to reduced ability among the textile players to process orders for the festive season this month.

Related Keywords: anti-dumping duty, Chemical and Petrochemicals Manufacturers Assocication, import from China, key raw material, PFY, polyester staple fibre, Purified terephtalic acid, synethetic textile fibre, Synthetic textile product

India has witnessed a surge of synthetic textile products imports from China after imposing an anti-dumping duty on a key raw material Purified terephtalic acid (PTA) which is used for making synthetic textile fibre, said Chemicals and Petrochemicals Manufacturers Association on Friday.

India imposed anti-dumping duties in the range of $19.05-117.09 a tonne on purified terephtalic acid from China, Korea, the European Union and Thailand. This was after a plea by Reliance Industries Ltd and Mitsubishi’s MCC PTA India Corporation.

Related Keywords: anti-dumping duty, KCCI, Perferential trade agreement, textile export, Trade ties, Turkish attache, Turkish delegation, Turkish government, Turkish market

Turkish government to strengthen trade ties with Pakistan is ready to sign the much-awaited Preferential Trade Agreement (PTA) with Pakistan. From the Turkish side there is nothing pending but there seems to be a delay by the Pakistani government, according to the Turkish official.
 

Related Keywords: anti-dumping duty, DGAD, Mitsubishi Chemical Corporation, polyester chip, PTA India, Purified terephthalic acid, RIL, synthetic textile

Imposition of provisional anti-dumping duty likely on purified terephthalic acid (PTA) originating in or exported to India from China, South Korea, Thailand and the European Union. The duty will be ranging from $19.05-$117.09 per MT.

Related Keywords: anti-dumping duty, PTA

The Associated Chamber of Commerce and Industry of India (ASSOCHAM) is clearly expressed its discontent against government imposing of anti-dumping duty on imports of Purified Terephthalic Acid (PTA) into India due to broad divergence in its demand supply. With the imposition of anti-dumping duty, it will make imports tremendously high priced for purchase by the domestic users of PTA who is already under pressure to survive. The Indian domestic user industry will become uncompetitive.