Anti-dumping duty likely to be imposed on filament yarn

Indonesia’s Coordinating Ministry of Economic Affairs has signalled its support for the imposition of anti-dumping duties on filament yarn that is currently being investigated by the Indonesian Anti Dumping Committee (KADI).

The imposition of anti-dumping duty of three types of filament yarn is expected to reduce imports, so the country can maintain its balance of trade, especially in the manufacturing sector.

In early July, KADI released the basic facts as a result of its investigation, which found that unfair trade practices (i.e. dumping) was being undertaken by exporters from China, South Korea, Malaysia, India, Taiwan and Thailand with a dumping margin at 0-17.45%.

For the full story, see the September 2014 edition of Textiles South East Asia. Not a subscriber? Sign up HERE