The Indonesian Filament Yarn and Fiber Association (APSyFI) stated, "Regarding the United States Department of Commerce's (US) antidumping decision on polyester yarn from Indonesia, it has become a new obstacle to the export performance of the Indonesian textile and textile products (TPT) industry. Moreover, the textile and textile product (TPT) industry is currently trying to boost the export market, including to Uncle Sam's country.Secretary General of APSyFI Redma Gita Wirawasta said that until now his party has not received official information from the government regarding the anti-dumping of polyester yarn. However, several related companies have submitted reports to APSyFI.
"But we have received information from related companies," said Redma to Thursday (21/10).
Furthermore, he said, the additional imposition of import duties with a fairly large percentage, makes filament yarn more expensive and becomes a burden for importers in the US. With this additional cost, Redma said, it will make importers think again about buying their products from producers from Indonesia.
"Although for certain types of products, it seems that exports will continue, but there will be additional costs," he said.
According to Redma, the contribution of exports, the textile industry and textile products (TPT) to the total industrial production value reaches around 30 percent. Meanwhile, the share of exports to the US is around 35% of the total export value of the textile and textile products (TPT) industry.
Thus, to continue to boost export market growth, the textile and textile products (TPT) industry 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.
"The concepts of sustainability and circular economy are very much considered by buyers," said Redma.