Global yarn output & stocks decline in Q1: ITMF

Global fabric stocks decreased by mere -0.4% due to lower inventories in Europe (-0.4%) and North America (-5.6%), while inventories in Asia and South America remained unchanged. Year-on-year, global fabric inventories jumped by +14.0%. This was mainly due to soaring fabric stocks in South America (+92.1%) and also higher stocks in North America (+6.7%), whereas Europe and Asia recorded lower fabric stocks (-0.4% and -3.5%, respectively).

Yarn orders in Europe were down by -0.7% in Q1/2012 compared to the previous one but up +7.3% in Brazil. Year-on-year yarn orders fell both in Europe and Brazil by -1.5% and -11.1%, respectively.

Fabric orders were down in Europe (-0.7%) in Q1/2012 but up in Brazil (+18.7%). On an annual basis fabric orders were higher both in Brazil (+0.5%) and Europe (+0.9%).

International Textile Manufacturers Federation (ITMF)