Global yarn production rose 11 per cent in the Q2, led by a 12 per cent gain in Asia and an 11 per cent increase in Brazil. Global fabric production improved nearly nine per cent in the quarter, with a 10.4 per cent increase in Brazil, a 9.8 per cent gain in Asia and a 9.2 per cent hike in Africa. Overall global fabric output rose four per cent compared to the second quarter of 2016.

Yarn stocks fell one per cent in the quarter, as Asia, Europe and Brazil saw their yarn inventories increase 0.7 per cent, 2.3 per cent and 11.5 per cent. But the world average was driven down by a 12 per cent decrease of yarn stocks in Egypt. The stocks’ improvement of 13 per cent compared to the year-ago period included decline of 40 per cent in Brazil and three per cent in Europe, balanced by increases of ten per cent in Asia and 112 per cent in Egypt.

Worldwide fabric stocks rose 3.3 per cent in the period, driven by a 23 per cent increase in Brazil. Global fabric inventories in the quarter decreased eight per cent compared to a year earlier.

Estimates for the third quarter indicate a stable trend in both global yarn and fabric production.