AGL 38.20 Increased By ▲ 0.21 (0.55%)
AIRLINK 211.50 Decreased By ▼ -4.03 (-1.87%)
BOP 9.48 Decreased By ▼ -0.32 (-3.27%)
CNERGY 6.52 Decreased By ▼ -0.27 (-3.98%)
DCL 9.00 Decreased By ▼ -0.17 (-1.85%)
DFML 38.23 Decreased By ▼ -0.73 (-1.87%)
DGKC 96.86 Decreased By ▼ -3.39 (-3.38%)
FCCL 36.55 Decreased By ▼ -0.15 (-0.41%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 14.98 Increased By ▲ 0.49 (3.38%)
HUBC 131.00 Decreased By ▼ -3.13 (-2.33%)
HUMNL 13.44 Decreased By ▼ -0.19 (-1.39%)
KEL 5.51 Decreased By ▼ -0.18 (-3.16%)
KOSM 6.87 Decreased By ▼ -0.45 (-6.15%)
MLCF 44.90 Decreased By ▼ -0.97 (-2.11%)
NBP 59.34 Decreased By ▼ -1.94 (-3.17%)
OGDC 230.00 Decreased By ▼ -2.59 (-1.11%)
PAEL 39.20 Decreased By ▼ -1.53 (-3.76%)
PIBTL 8.38 Decreased By ▼ -0.20 (-2.33%)
PPL 200.00 Decreased By ▼ -3.34 (-1.64%)
PRL 39.10 Decreased By ▼ -1.71 (-4.19%)
PTC 27.00 Decreased By ▼ -1.31 (-4.63%)
SEARL 103.32 Decreased By ▼ -5.19 (-4.78%)
TELE 8.40 Decreased By ▼ -0.34 (-3.89%)
TOMCL 35.35 Decreased By ▼ -0.48 (-1.34%)
TPLP 13.46 Decreased By ▼ -0.38 (-2.75%)
TREET 25.30 Increased By ▲ 0.92 (3.77%)
TRG 64.50 Increased By ▲ 3.35 (5.48%)
UNITY 34.90 Increased By ▲ 0.06 (0.17%)
WTL 1.77 Increased By ▲ 0.05 (2.91%)
BR100 12,110 Decreased By -137 (-1.12%)
BR30 37,723 Decreased By -662.1 (-1.72%)
KSE100 112,415 Decreased By -1509.6 (-1.33%)
KSE30 35,508 Decreased By -535.7 (-1.49%)

Hydrogen Peroxide is a basic raw material, which is used in textile industry and is in short supply from local producers. Local demand of hydrogen peroxide is about 80,000 ton while it is produced locally 60,000 ton when there is normal condition of the industry.
Keeping in view load shedding, break down, maintenance break down and gas load shedding, production reduced by 30 percent while because of monopoly local industries have increased prices from Rs 30 per kg to Rs 70 per kg within three months. On the other hand, exporters are unable to import it by their own due to anti-dumping/countervailing duty on it.
It may be recalled that National Tariff Commission has imposed preliminary anti-dumping duties on the import of hydrogen peroxide from the exporting countries as mentioned in the following table:
In view of the prevailing situation, we request the Government to please support textile industry through instruction to local producers of hydrogen peroxide to supply it to the exporters without any hindrance on the same price on which it is imported and if they do not agree, exporters may be allowed to import hydrogen peroxide by themselves without countervailing/anti-dumping duty.



=====================================================================
S.NO. Country Exporter/Foreign Producer Provincial
anti-dumping
duty
=====================================================================
1. Belgium Evonik Degussa, Germany and Evonik
Degussa Belgium, 9.20 percent
All others 84.48 percent
2. South Korea Evonik Degussa, Korea and Evonik, 14.77 percent
Headwaters
All others 14.77 percent
3. Thailand Thai Peroxide 3.82 percent
All others 25.04 percent
4. Indonesia Evonik Degussa, Indonesia 25.20 percent
All others 25.20 percent
5. China All exporters 71.93 percent
6. Taiwan All exporters 35.61 percent
7. Turkey All exporters
=====================================================================

-PR
Copyright Business Recorder, 2010

Comments

Comments are closed.