Myanmar's production of cotton yarn slumped by more than a third in the first half of 2002, figures from the state-run Myanma Textile Industries (MTI) revealed on Monday.

According to MTI data, the country’s cotton yarn output plunged to 1,937 tons while cotton fabric production slipped 24.4 per cent year-on-year to 8.53 million metres.

Year-ago first half figures were not provided although in 2001, Myanmar - formerly known as Burma - produced 5,552 tons of cotton yarn and 21 million meters of cotton fabric.