TEXONLINE - Textile News from Turkey
texmachinery.com - Textile Magazine and network - 18 January 2018

Photo

Turkey’s plan to impose anti-dumping duties on U.S. cotton imports will drive up costs for its own textile producers, hurting the competitiveness of their exports, the head of an industry group said on April 19.

Ankara has decided to place 3 percent duties on U.S. cotton imports, saying in an announcement on April 17 that imports were hurting domestic cotton production. U.S. cotton farmers have said they will fight the decision through the World Trade Organization and Turkish courts.

The spat is likely to put strain on trade relations between one of the world’s top fiber growers and one of its biggest customers at a time of weak global prices and demand.

“This is a decision that will increase raw material costs of textile producers by 2-3 percent and will somewhat affect price competitiveness of Turkish exports,” İsmail Gülle, head of the Istanbul Textile and Raw Materials Exporters Union, whose members account for 70 percent of Turkish textile exports.

“U.S. cotton has specialty uses, it is not something we could give up using, the industry will shoulder the costs.”

Turkey is the second-biggest buyer of U.S. cotton, with shipments ranging from 1.5 million to 2 million bales per year.

Turkey exported $17 billion worth of garments and ready-to-wear clothing last year, and $8 billion of textiles and raw materials, according to industry data.

The move had been widely expected since February, when Turkey’s economy ministry said U.S. cotton was hurting the domestic cotton industry.

“It was determined that the material damage to local production branch has been the result of dumping in imports,” the government said in its official gazette on April 17, announcing the move.

Fonte: world google news

Photo

India
13 March 2016

Textile export to cross $40 billion in 2015-16
...
leggi

Photo

Bangladesh
29 February 2016

RMG exporters look for ways to beat competition
...
leggi

Photo

India
13 February 2016

Make in India’ boost to the country’s denim segment
...
leggi

Photo

China
22 January 2016

Changing textile and apparel sector adapting to ‘New Normal’
...
leggi

Photo

Sri Lanka
15 January 2016

Apparel sector links up with 9 top global retailers
...
leggi

Photo

Thailand
10 January 2016

Ministry of Industry to develop manufacturing of Thai Silk products
...
leggi

Photo

Vietnam
02 January 2016

TPP may boost Vietnam apparel export by 50% in 10 years
...
leggi

Photo

Zimbabwe
01 January 2016

Country trying to revive cotton production
...
leggi

COMPANY PRESS RELEASES
Photo

Germany
18 March 2016

Oerlikon Neumag at IDEA 2016 in Boston, USA
...
leggi

India
13 March 2016

Textile export to cross $40 billion in 2015-16 ...

Bangladesh
29 February 2016

RMG exporters look for ways to beat competition ...

India
13 February 2016

Make in India’ boost to the country’s denim segment ...

China
22 January 2016

Changing textile and apparel sector adapting to ‘New Normal’ ...

Sri Lanka
15 January 2016

Apparel sector links up with 9 top global retailers ...

Thailand
10 January 2016

Ministry of Industry to develop manufacturing of Thai Silk products ...

Vietnam
02 January 2016

TPP may boost Vietnam apparel export by 50% in 10 years ...

GARMENT MANUFACTURERS SOURCING EXPO
06 July 2017

Sourcing Fair for Materials, Accessories and Equipment for Garment and Textile Manufacturing ...

GFT
06 July 2017

ASEAN’s Leading Exhibition on Garment and Textile Manufacturing Industry ...

TEXPROCESS - FRANKFURT
09 May 2017

Exhibition of Equipment and Technology for the Development, Sourcing and Production of Sewn Products ...

BELLEGMASH
20 January 2017

Equipment and Machines for Textile Industry, Machines for Production of Footwear, Textile Products, Footwear, Clothing ...

GTEX TEXTILE MACHINERY EXPO
20 January 2017

Textile, Garments, Embroidery, Digital Printing, Chemical, Yarn & Brand Expo. GTex Textile Machinery Expo will also showcase Stitching, Spinning, Knitting, Weaving, Dyeing, Finishing, Lab Equipment, Leather, Shoes, Sportswear, Machinery & Acc ...