Indonesian yarn manufacturers are demanding to impose a temporary safeguard duty on imported yarn products particularly polyester, as they struggle to compete with cheaper imported yarns. Indonesia’s 2014 total consumption of polyester was 620,000 tons, 135,000 of which were imported. Led by the Indonesian Synthetic Fiber Association (ISFA), these manufacturers claim that foreign companies are selling yarn at lower prices in an effort to compensate for weak global demand.
Redma Wirawasta, Secretary-General, ISFA says that they have seen a growing demand for textile and garment products in recent years as country’s middle-class population has grown. But most of the apparels use large amounts of imported yarns. “We hope that the government helps the yarn producers until there is a stable supply and demand in the global market,” Redma says. In 2014, Indonesia’s local textile industry exported US $ 12.7 billion worth of products, while imported of US $ 8.39 billion. The ISFA predicts that in 2015, Indonesian textile industry will consume 650,000 tons of polyester.
Bharat Tex Special Report 2026 
