Global yarn inventories increased in Q4 of 2015 by 0.3 per cent quarter-on-quarter with increases of 0.4 per cent in Asia and 6 per cent in Europe. They fell by 1 per cent in South America. In Q4/2015, the annual percentage change of global yarn inventories recorded an increase of 12 per cent. Thereby, yarn stocks grew by 11 per cent year-on-year in Asia, by 3 per cent in Europe and by 37 per cent in South America.
The global yarn production fell in Q4 of 2015 quarter-on-quarter, the first decline in a year. Output in Europe increased on a quarterly basis, while it decreased in the other regions (Asia, North and South America). On an annual basis, the global yarn production in Q4 of 2015 improved along with increases in Asia, according to the State of Trade Report#
Worldwide fabric stocks fell by 2.6 per cent in Q4 of 2015 compared to Q3. Stocks in Asia, Europe, North and South America were reduced by 0.5 per cent, 2 per cent, 0.7 per cent and 7 per cent, respectively. On a yearly basis global fabric inventories in Q4 of 2015 fell by 0.5 per cent. They grew 0.6 per cent in Asia and fell by around 1 per cent in North and South America and in Europe, respectively.
In Q4 of 2015, European yarn orders rose by over 4 per cent quarter-on-quarter and by 0.3 per cent year-on-year. In South America they fell by 7 per cent quarter-on-quarter and by 47 per cent year-on-year. European fabric orders in Q4 of 2015 fell by 0.5 per cent quarter-on-quarter and increased by 0.5 per cent year-on-year. South American fabric orders in Q4 of 2015 fell by nearly 10 per cent quarter-on-quarter and by close to 25 per cent year-on-year. (SH)
Fibre2Fashion News Desk – India