Turkey files anti-dumping suit against PP film exports from Egypt, India, China, Saudi Arabia

29-Oct-14

Turkish authorities have filed an anti-dumping suit against polypropylene film exports from Egypt, Saudi Arabia, India, and China, Chemical & Fertilisers Export Council member Magdy Abu Fath said. This decision has taken into consideration the political situation, as per Daily News Egypt. The council member claimed that Egypt’s production of polypropylene amounts to 432,000 tons, which represents a small amount that does not pose a threat to local Turkish production. Studies will also be conducted on technical lapses on Turkey’s part as well as a comparison of the prices of Egyptian products compared to the cost of their production. Chairman of the Chemical & Fertilisers Export Council Waleed Helal confirmed the existence of an Egyptian export crisis. The situation has particularly affected chemical exports as a result of political circumstances in the Arab world, stating that exports to the markets of Libya, Iraq, Syria, Tunisia, and Yemen have ceased, in addition to Turkey, which alone accounts for one-fourth of the Egyptian chemical exports.