Global yarn production in the third quarter of ’17 is slightly lower than it was in the third quarter of ’16. Global yarn stocks decreased by three per cent to six per cent in all regions in the third quarter, except in Europe, where stocks experienced a 10 percentage points increase.

Global yarn orders fell by 2.7 per cent around the world between the second and third quarters of ’17, a compound effect of a 14 per cent increase in Korea, European stability and decreases in Egypt and Brazil. Global fabric production decreased 0.6 per cent. This reflects an improvement in Brazil, stable conditions in the US and a reduction in Asia, Europe and Africa.

In the third quarter of ’17, global fabric stocks have shown a positive trend in all regions but in Egypt. This improvement was nevertheless not sufficient to bring fabrics stocks at their third quarter ’15 level, which was seven per cent higher. While conditions are relatively stable in Asia and the US, Europe indicates slow but constant positive changes.

Finally, global fabric orders have improved. A strong improvement in Brazil was compensated for by reductions in Europe and Africa, which brought the global index to 112.7 per cent of its previous quarter level, very close to its third quarter ’15 level.