Global yarn production improved in Q2 of 2017. It increased in Asia, Europe and Brazil and slightly declined in the US. Global yarn stocks have also improved compared to the same quarter a year earlier.
Global fabric production improved almost nine per cent in the second quarter, with the most significant increase in Brazil, Asia and Africa (10.4 per cent, 9.8 per cent and 9.2 per cent respectively). The situation has improved compared to the second quarter of last year, with an increase in global fabric output of almost four per cent. In the second quarter, worldwide fabric stocks slightly increased, with the most significant change observed in Brazil for the second quarter in a row.
Global yarn stocks decreased one per cent in the second quarter. Asia, Europe and Brazil saw their yarn inventories increase by 0.7 per cent, 2.3 per cent and 11.5 per cent respectively, but the world average is driven down by a 12 per cent decrease in yarn stocks in Egypt. Worldwide fabric stocks rose by 3.3 per cent in the second quarter. Brazil reported a strong increase of 23 per cent. Global fabric inventories decreased by eight per cent.