AGL 40.02 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.99 Increased By ▲ 0.29 (0.23%)
BOP 6.66 Increased By ▲ 0.05 (0.76%)
CNERGY 4.44 Decreased By ▼ -0.16 (-3.48%)
DCL 8.75 Decreased By ▼ -0.04 (-0.46%)
DFML 41.24 Decreased By ▼ -0.34 (-0.82%)
DGKC 86.18 Increased By ▲ 0.39 (0.45%)
FCCL 32.40 Decreased By ▼ -0.09 (-0.28%)
FFBL 64.89 Increased By ▲ 0.86 (1.34%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.51 Increased By ▲ 1.74 (1.57%)
HUMNL 14.75 Decreased By ▼ -0.32 (-2.12%)
KEL 5.08 Increased By ▲ 0.20 (4.1%)
KOSM 7.38 Decreased By ▼ -0.07 (-0.94%)
MLCF 40.44 Decreased By ▼ -0.08 (-0.2%)
NBP 61.00 Decreased By ▼ -0.05 (-0.08%)
OGDC 193.60 Decreased By ▼ -1.27 (-0.65%)
PAEL 26.88 Decreased By ▼ -0.63 (-2.29%)
PIBTL 7.31 Decreased By ▼ -0.50 (-6.4%)
PPL 152.25 Decreased By ▼ -0.28 (-0.18%)
PRL 26.20 Decreased By ▼ -0.38 (-1.43%)
PTC 16.11 Decreased By ▼ -0.15 (-0.92%)
SEARL 85.50 Increased By ▲ 1.36 (1.62%)
TELE 7.70 Decreased By ▼ -0.26 (-3.27%)
TOMCL 36.95 Increased By ▲ 0.35 (0.96%)
TPLP 8.77 Increased By ▲ 0.11 (1.27%)
TREET 16.80 Decreased By ▼ -0.86 (-4.87%)
TRG 62.20 Increased By ▲ 3.58 (6.11%)
UNITY 28.07 Increased By ▲ 1.21 (4.5%)
WTL 1.32 Decreased By ▼ -0.06 (-4.35%)
BR100 10,081 Increased By 80.6 (0.81%)
BR30 31,142 Increased By 139.8 (0.45%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)

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.