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MoT take up issue on dumping of under valued Chinese fabric in Surat

Related Keywords: decrease in production, eight crore meter of Chinese fabrics dumped, facing issue over import of under invoiced Chinese fabrics, gather data on MMF sector, powerloom machines, PPWF, production of yarn and finished fabrics, shut down of weaving units, Southern Gujarat Chamber of Commerce and Industry, Surat MMF sector, Textile Commissioner

Surat's MMF sector that contributes to around 40 per cent of nation's MMF fabric demand with daily production of MMF fabric in the city pegged at four crore meter has been facing issue over import of under invoiced Chinese fabrics, which resulted in around 45 percent of the weaving units-around over three lakh powerloom machines have shut down in the last three months.

Rising yarn prices suppress weavers from procuring it

Related Keywords: polyester fabric, powerlooom weavers, Surat MMF sector, yarn consumption, yarn price

Surat the country's biggest man-made fabric (MMF) sector has the highest consumption of yarn material as the entire MMF industry is depended on it for weaving polyester fabrics but the rising yarn prices are holding back weavers from purchased it.
 
The powerloom weavers in Surat have stopped the purchase of yarn material following the steep increase in the prices by the yarn spinners by almost 20-25 percent in the last few days following the rise in the crude oil price due to Iraq crisis.
 

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