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Pakistan textile exports decline by 14.6pc due to external and internal issues

Related Keywords: APTMA, drop of cotton arrival, exports to further tumble, external and internal issues, massive reduction in commodity prices, Ministry of Commerce, Pakistan textile export decline, readymade garment and towel exports, registered growth, suspension of gas supply, textile mills of Punjab, weak global demand

Pakistan exported textile commodities worth $961 million during November as compared to $1.13 billion of the corresponding month of the previous year, decline by 14.6 percent due to both external and internal issues going on in the country. Exports Likely to further tumble in the months to come with the suspension of gas supply to Punjab’s textile mills indefinitely by the government, said an official of the All Pakistan Textile Mills Association.

Indonesian yarn manufacturers urge to impose temporary safeguard duty on imported yarn products

Related Keywords: consumption for polyester, downstream textile companies, growing population, higher production cost, impose temporary safeguar duty, Indonesian Synthetic Fiber Association, Indonesian yarn manufacturers, Indonesia’s local ya, on imported yarn products, petitioning government, struggling to compete with cheaper imported yarn, weak global demand

Indonesia’s local yarn manufacturers to protect the country’s domestic industry whose products, particularly polyester is struggling to compete with cheaper imported yarns due to higher production costs. Led by the Indonesian Synthetic Fiber Association (ISFA), yarn manufacturers are petitioning their government to impose a temporary safeguard duty on imported yarn products.

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