Global fabric inventories rose in the 3rd quarter of 2011 by +4.4% as compared to the previous one. In South America they jumped by +14.9% and also increased in North America by +4.0%, in Asia by +0.6% and in Europe by +0.5%. In comparison to last year's 3rd quarter, global fabric inventories increased by +15.7%. In South America they soared by +64.0% and also rose by +12.3% in North America, by +4.1% in Asia and by +0.7% in Europe.
Yarn and fabric orders in Europe were slightly down by -0.4% and -1.5%, respectively, in the 3rd quarter of 2011 compared to the previous one. Year-on-year yarn and fabric orders in Europe decreased slightly by -0.1% and -1.5%, respectively. In Brazil yarn and fabric orders jumped compared to the previous quarter by +23.5% and +15.7%, respectively. On an annual basis yarn and fabric orders were down in Brazil by -19.9% and -10.0%, respectively.
International Textile Manufacturers Federation (ITMF)