SRIL and PBRX Issue Global Bond

Textile Stakeholders Request Strengthening Industrial Integration

Parliament Asks to Control Illegal Importation of Textiles

IKATSI Reveals Details of Import Violations

MOI Optimizes Sustainable Resources For Industrial Production

Britain Will Ban Imports From China

RPP on Industry and Trade is Less Favorable to Local

Textile Industry Optimistic Could Recover This Year

Trade Surplus, Textiles Industry Still in the Red Zone

APR Encourages Supply Chains as the Focus of the Road Map

Pakistan's Exports to Indonesia Supported by Textile Products

ARGO Optimistic Will Improve Performance in 2021

APSyFI : PLB Threatens to Eliminate US $ 8.3 Million Yarn Exports

Stake Holder : Textile Industry Needs Fundamental Changes

 

Shopping for used clothes is a trend that is being discussed by the public, especially young people. Buying used clothes is a term that is often discussed, namely thrift shopping. However, the thrift shopping effect poses a threat to both the general public and the textile industry. Executive Director of the Indonesian Association of Textile Experts (IKATSI) Riza Muhidin said that this phenomenon emerged from public awareness to reduce waste of used clothes. However, this is a misunderstanding because used clothes circulating in the market are not necessarily hygienic.

 

The upstream textile industry is currently facing many challenges, including the increase in world oil prices which have to raise the price of the main raw material for Polyester and the threat of imported products, both legal and unprocedural, starting to flood the domestic market again. Secretary General of the Indonesian Filament Yarn and Fiber Producers Association (APSyFI), Redma Gita Wirawasta explained, the main raw material for Polyester, namely PTA, is already at the level of USD$ 850/ton which normally is around US$ 600/ton. So, the increase is already high because PTA is derived from crude oil.

 

 The Small and Medium Industry (IKM) of Majalaya, Badung Regency screamed because the price of yarn as a raw material has skyrocketed in recent months. Rohimat, one of the entrepreneurs of the Majalaya Textile IKM, said that in the last 3 months the price of raw materials for making cloth has increased significantly. "For the past 3 months, yarn prices have continued to rise. The average increase is between 25-30 percent," said Rohimat, Monday, June 6, 2022. He gave an example of the price of white polyester yarn from the original only Rp. 28.000/kg which rose to Rp. 33.000/kg. Even with TE, which was originally only Rp. 24,000/kg, now it has increased to Rp. 35,000/kg.