GLOBAL: Yarn And Fibre Production Lower As Growth Eases
Global yarn and fabric production eased over the fourth quarter, accompanied by a small increase in world stocks and a moderate decline in orders. Statistics released by the Switzerland-based International Textile Manufacturers Federation show that the slowdown in yarn inventories paused at the end of 2000, with little change recorded in global stocks. World fabric inventories moved higher for the fourth consecutive quarter, mainly as a result of an increase in stocks in Europe.
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