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Anti-dumping duties on Chinese imports
Thai Textile Manufacturing Association submitted a petition
to the Ministry of Commerce to initiate an anti-dumping
investigation against Chinese imports, mainly cotton fabric and
polyester filament. Thailand has increased imports of these
products from 6.9 million Baht to 183 million Baht, which
accounts for 85% of domestic market share.
Therefore, Thailand Government decided to initiate anti-dumping investigation
against textile products from China. Mrs Apiradi Tantaporn, General Director of
Department of Foreign Trade, reveals that the appointed Committee will examine
cotton fabric and polyester filament coming from China. If an investigation
finds that the domestic industry is hampered by these allegedly dumped imports,
the anti-dumping duties will be levied.
These imports are affecting four Thai companies whose production capacity
accounts for 50% of the total output of the industry. Moreover, this surging
inflow is also disturbing domestic market share. One of these four enterprises
had set the domestic target at 12 million yards per year. However, company was
able to achieve only 300,000 yards of sale. As a result, it lost around 97% of
domestic market share. Similarly, another one aimed to attain a domestic sale of
3.6 million yards but sold only 146,388 yards, which was only 6% of total
productivity.
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