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Global yarn output plummets in Q4 - ITMF
02 May '13
4 min read
Global fabric stocks were down by -1.8% due to lower inventories in South America (-6.3%), and North America (-1.3%), while inventories in both Europe and North America were practically unchanged (+0.2% and +0.1%, respectively). Year-on-year, global fabric inventories decreased by -2.2%. This was due to lower fabric stocks in North America (-11.3%), Europe (-7.2%) and South America (-5.3%) and despite higher fabric stocks in Asia (+0.7%).
Yarn orders in both Europe and Brazil were down in Q4/2012 compared to the previous one by -6.5% and -14.1%, respectively. Also year-on-year yarn orders declined both in Brazil and Europe by -14.1% and -6.7%, respectively.
In Brazil and Europe fabric orders decreased in Q4/2012 by -26.4% and -1.2%, respectively. On an annual basis fabric orders fell with Brazil recording a reduction of -13.4% and Europe a drop of -6.5%.
International Textile Manufacturers Federation
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Ashish Saraf
Technocraft Industries (I) Ltd
Amritha Ram
Brand - KH House of Khaddar
Salvatore Piccione
Label - Salvatore Piccione
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