Pages

November 27, 2019

PAFMIL asked for extension of Turkey's flour dumping duties

Flour Millers from the Philippines have asked their government to extend the anti-dumping duty on Turkish flour for another five years due to its expiration in 2020.
On January 8th, 2015, the government of The Philippines introduced an anti-dumping duty on Turkish flour up to 16.19 percent to protect local producers. The tax is due to expire on the 8th January 2020, which will be five years later.
According to a statement made by PAFMIL Turkey, both for domestic as well as export markets functioning 18 million tons of flour, Turkey is regarded as the world's top exporter of flour. According to PAFMIL, Philippines is Turkey's third largest market after Iraq and Syria - In 2012 Turkey exported wheat flour to Philippines to the value of 68.5 million dollars.

PAFMIL consists of Universal Robina Corp., RFM Corp., Liberty Flour Mills (LFM), General Milling Corp., Wellington Flour Mills (WFM), Pilmico Foods Corp. (PFC) and Philippine Flour Mills (PFM) which is in total seven flourmills. San Miguel Mills, Philippine Foremost Milling Corp., Atlantic Grains Inc. and Asian Grains and Morning Star Milling Corp. attended to the petition as well.
 

The Global Miller
This blog is maintained by The Global Miller staff and is supported by the magazine Milling and Grain
which is published by Perendale Publishers Limited.


For additional daily news from milling around the world: global-milling.com

No comments:

Post a Comment