Policies

Court Rescinds Order Removing Anti-Dumping Duty On PTA

Textile Insights May 6, 2024

The Gujarat High Court sets aside the Centre’s notification removing anti-dumping duty (ADD) on the import of purified terephthalic acid (PTA) imports from Korea and Thailand. In a major relief for the domestic manufacturers, the Gujarat High Court order will force the government of India to

Fibre

Chinese PSF Exports Decline 7.1% In First Quarter Of 2024

Textile Insights April 29, 2024

Chinese polyester staple fibre (PSF) exports in the first quarter of 2024 reached 279 kilo tons, down 7.1 percent over the same quarter of the previous year. While, PSF exports totaled 112 kilo tons in March 2024, up 4.9 percent year on year and an impressive 60 percent month on month and in doing so […]

Industry

China Commissions World’s Largest Single Location PTA Plant

Textile Insights April 12, 2024

China’s Sinopec Yizheng Chemical Fiber Company has commissioned the largest purified terephthalic acid (PTA) single location plant in the world. PTA is primarily used as a raw material for producing polyester staple fibre (PSF) With a production capacity of 3 million tons per year, the single site project will effectively drive and develop the downstream […]

Export

Chinese PSF Exports Down 13.8% Between January & February

Textile Insights March 30, 2024

In the first two months of 2024, Chinese exports of polyester staple fibre (PSF) totaled 167.2 kilo tons, down 13.8 percent over the comparable period of 2023. Of these, PSF exports in January 2024 amounted to 97.27 kilo tons, a year on year decline of 7.2 percent, while in February, they stood at 69.9 kilo […]

Policies

Brazil Initiates Anti-Dumping Investigation On PSF Imports

Textile Insights March 27, 2024

Brazil has initiated an anti-dumping investigation in to imports of polyester staple fibre (PSF) originating from India, China, Vietnam, Malaysia and Thailand. The Foreign Trade Secretariat of the Brazilian Ministry of Development, Industry, Trade and Services issued a notice regarding this earlier on March 25, 2024. The Foreign Trade Secretariat did this in response to

Fibre

Turkey Will Suspend Antidumping Duty On PSF Imports From India

Textile Insights February 23, 2024

Earlier this month, the Turkish Ministry of Trade issued a notification stating that anti-dumping measures for imported polyester staple fibre (PSF) will expire on August 4, 2024. Turkish domestic manufacturers can file a sunset review investigation application before the expiration of the measure, which was imposed on PSF imports from India, China, Taiwan and Thailand.

Fibre

Chinese PSF Exports Expand 21.2% Between Jan & Sept 2023

Textile Insights November 4, 2023

Chinese polyester staple fibre (PSF) exports expanded 21.2 percent over a year ago period to 904.4 kilo tons in the first nine months of the current year. Between January and September 2023, overseas shipment of PSF to Vietnam totaled 157,715 kilo tons, up by a massive 40.74 percent year on year and was China’s biggest […]

Fibre

Chinese PSF Exports Surge 16% In August

Textile Insights September 29, 2023

Chinese polyester staple fibre (PSF) exports surged 16 percent year on year and 4.2 percent month on month in August 2023 to reach 101.6 kilo tons. Although the volume of PSF imports was very less when compared to exports, they expanded by 35 percent from a year ago period and 13.5 percent month on month […]