The textile and textile product industry (TPT) appreciates the Ministry of Trade for the exemption from dumping duties which have been imposed for 11 years.
The Directorate General of Trade Remedies (DGTR) India through Final Finding F. No. 7/03/2021 which was published on 31 July recommends no longer imposing anti-dumping duties (BMAD) on original rayon or viscose fiber products.
Indonesia. The Indonesian Filament Yarn and Fiber Association (APSyFI) which represents four domestic viscose fiber producing companies also appreciates the Minister of Trade and his staff who have succeeded in convincing the Indian authorities.
APSyFI Secretary General Redma Gita Wirawasta said the Ministry of Trade and the Trade Attaché in New Delhi succeeded in convincing the Indian authorities that the accusations for Indonesian products were baseless and it was time to immediately withdraw them.
"We thank the ranks at the Ministry of Trade so that the BMAD of viscose fiber from Indonesia which has been in effect for 11 years can be stopped," he said.
Redma explained that his party always upholds the principle of justice in conducting trade with any country.
According to him, with lobbying and strong data arguments from the government along with support from representatives from domestic viscose fiber producers, finally the Indian authorities did not grant the sunset review request for BMAD viscose fiber submitted by the domestic industry.
"This is the umpteenth time that the Ministry of Trade has succeeded in securing trade in Indonesian products from accusations of trade remedies in importing countries," said Redam.
Director of PT Asia Pacific Rayon (APR) Basrie Kamba added that domestic viscose production capacity is basically prioritized to supply domestic needs, which are increasing every year.
However, securing the export market is also very important, where Indonesia's total export of viscose fiber annually is around US$400 million.
"APR, which is currently increasing its capacity from the current 240,000 tons per year to 600,000 per year in 2023, is very grateful to all levels of the Ministry of Trade for this success which will certainly increase the country's foreign exchange, especially from the textile raw material sector," said Basrie.
Finance Director of PT South Pacific Viscose (SPV) Rahadian Ratmawijaya said India is a very important market for Indonesian viscose so this decision will greatly help viscose fiber producers in Indonesia to secure the export market.
"India's spinning production capacity reaches more than 40 million spinning units or 4 times that of Indonesia, so the need for viscose fiber is very large," he said.