In December 2004, Turkey initiated anti-dumping drive against Chinese fleece and chenille fabrics, involving US $65.83 million. During January 2006, the country levied duty of US $1.5 per kg on fabrics coming from China.
In 2006, China's exports to Turkey were worth $70.28 million, showing a plunge of 2.11 percent on year-on-year basis.
In the first five months of this year, China exported 5.69 million meters to Turkey, resulting in a 22.5 percent drop compared to the same period of corresponding year. Average export price was set at $1.87 per meter, an increase of 16.51 percent over last year.
Although decline rate was not significant, the problems of undervalued declaration and invoices triggered conflicts and led to trade frictions.
Fibre2fashion News Desk - China
marketing@alchempro.com
