Related Keywords: decrease in Europe by four percent, first quarter of FY, Global fabric production fell, global yarn production increased by twenty percent, global yarn stocks dropped, increase in yarn output across Asia, International Textile Manufacturers Federation, ITMF, latest report, South America, worldwide fabric stocks increased moderately
With increase in yarn output across Asia by 21 percent and South America by 29 percent, while it saw decreased by four percent in Europe but the global yarn production increased by 20 percent in the first quarter of 2016, compared to 4 percent growth rate in the first quarter of 2015, according to the latest report from the International Textile Manufacturers Federation (ITMF).
