Related Keywords: affected local firms, apply for five years, bilateral trade, extended higher levies, file complaint with WTO, impact producers from China and India, Indonesian Textile Association, Indonesian yarn of man made staple fibers, major textile manufacturers, over antidumping measures of Turkey, PT Indorama, PTA, Sirtex, Trade authority of Turkey
Trade authority of Turkey last week extended higher levies on Indonesian yarn of man-made staple fibers, which are to apply for five years following a recent review. The duties, ranging from 25 cents to 40 cents for each kilogram of yarn, have affected more than 20 local firms, including major textile manufacturers PT Indorama and PT Sri Rejeki Isman (Sritex).
Besides Indonesia, the expanded tariffs, particularly at higher levels, are likely to impact other producers, including China and India.
