Global yarn production rises in Q2 2012 - ITMF

Global yarn inventories rose by +0.9% in Q2/2012 compared to the previous one with Asia (+1.5%)  and  Europe  (+0.1%) recording higher inventories, while stocks fell in South America (-2.4%). On an annual basis global yarn stocks dropped by -21.5%, a consequence of lower stocks in Asia (-30.4%) and South America (-23.6%) and despite slightly higher stocks in Europe (+0.1%).

Global fabric stocks fell by -0.9% due to lower inventories in North America (-4.4%), South America (-1.3%) and Europe (-0.9%), while inventories in Asia remained practically unchanged (+0.1%). Year-on-year, global fabric inventories increased by +4.5%. This was mainly due to soaring fabric stocks in South America (+20.9%). Fabric stocks in Asia rose only slightly (+0.1%), while Europe and North America recorded lower fabric stocks (-0.7% and -6.6%, respectively).

Yarn orders in Europe were up by +0.9% in Q2/2012 compared to the previous one but down -3.6% in Brazil. Year-on-year yarn orders rose both in Europe and Brazil by +0.3% and +23.1%, respectively.

Fabric orders were unchanged in Europe (0.0%) in Q2/2012 in comparison to the previous one but up in Brazil (+6.9%). On an annual basis fabric orders fell in Europe by -2.6% and jumped in Brazil by +20.0%.

International Textile Manufacturers Federation (ITMF)