Home / Knowledge / News / Textiles / Global yarn and fabric output up q-o-q in Q2 2016: ITMF
Global yarn and fabric output up q-o-q in Q2 2016: ITMF
10
Oct '16
Courtesy: ITMF
Courtesy: ITMF
Global yarn production increased by 8.5 per cent quarter-on-quarter (q-o-q) in Q2 2016, owing to a rise in output in Asia, Europe and South America, the International Textile Manufacturers Federation (ITMF) said in its 'State of Trade Report Q2/2016'. However, the estimates and outlook for global yarn and fabric output for Q3 and Q4 2016 are negative.
 
Global yarn stocks fell by 6.7 per cent quarter-on-quarter in Q2 2016. Yarn stocks reduced by 8 per cent in Asia, but they increased by over 3 per cent in South America. Year-on-year, global yarn inventories recorded a decrease of 6 per cent. Yarn orders in Europe fell by 2.6 per cent quarter-on-quarter and by 2.9 per cent year-on-year. In South America yarn orders improved significantly by over 11 per cent quarter-on-quarter and by over 87 per cent year-on-year, according to the report.
 
Global fabric production increased by over 8 per cent in Q2 2016 against Q1 2016 due to strong increases of 9 per cent each in Asia and South America. In contrast, Europe's fabric production decreased by 1 per cent quarter-on-quarter. Global fabric output fell by 0.7 per cent year-on-year in Q2 2016, with Asian output showing a moderate decline of 0.2 per cent. In Europe, output increased by over 4 per cent year-on-year, while it fell by nearly 16 per cent in South America, the report said.
 
In Q2 2016, worldwide fabric stocks fell by 1.4 per cent quarter-on-quarter. Fabric inventories were reduced by 0.2 per cent in Asia and by 4.7 per cent in South America. Year-on-year, fabric stocks declined by 6 per cent. European fabric orders decreased by 0.2 per cent quarter-on-quarter and 4 per cent year-on-year. In South America fabric orders rose by nearly 20 per cent on a quarterly basis, but declined by 11 per cent on yearly basis. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search