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US imposes duty on polyester textured yarn imports

  

The US will impose an anti-dumping duty on imports of polyester textured yarn (PTY) from Indonesia, Malaysia, Thailand and Vietnam. The justification is that these are being sold in the United States at less than fair value. The aim is to give new hope for domestic producers and their workers as fair pricing will be restored to the market.

PTY is a synthetic multifilament yarn that is manufactured from polyester (polyethylene terephthalate) and produced through a texturing process, which imparts special properties to the filaments of the yarn, including stretch, bulk, strength, moisture absorption, insulation, and the appearance of a natural fiber.

In October 2020, two major US synthetic yarn producers—Unifi Manufacturing and Nan Ya Plastics Corporation—filed petitions with the commerce department and the USITC alleging that dumped imports of polyester textured yarn from the above four countries were causing material injury to the domestic industry. The department initiated the investigations in November 2020, and the USITC preliminarily determined in December 2020 that imports from the four countries were harming the domestic industry.

The imposition of fairly large import duties makes filament yarn more expensive and becomes a burden for importers in the US. So to continue to boost export market growth, the textile and textile products industry in Indonesia is now focusing on expansion to develop products in accordance with the wishes of buyers, which are currently more focused on green and functional products.

 
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