Story: State of Trade Report 2Q 2011: Year-on-Year Global Fabric Production Down In Q2/2011

ZURICH, Switzerland — November sixteen, 2011 — Only as a outcome of larger output in Asia in general and China in
particular global yarn manufacturing improved in the 2nd quarter of 2011 in comparison to the
prior quarter. Also world wide cloth manufacturing rose in the 2nd quarter because of to larger output in
Asia and South America although manufacturing in Europe and North The united states fell. It is crucial to observe
that creation in the 1
st quarter in China is traditionally lower as a result of fewer operating days because of to the
Chinese New Yr vacations. Compared with the previous yr, international yarn manufacturing elevated
somewhat because of to increased output in Asia and North America and regardless of reduce production in South
America and Europe even though world wide fabric creation dropped with all regions struggling declines
apart from for South The us. International yarn shares soared in the 2nd quarter of 2011 in comparison with the
preceding quarter particularly because of to higher shares in South The us and Asia, whilst people in Europe
and North The us remained nearly unchanged. Yr-on-year yarn inventories jumped, particularly
in Asia and South The united states. Material shares had been up in North and South America in the 2nd quarter of
2011 as in contrast to the prior 1, while those in Europe and Asia fell marginally. On an annual
foundation material shares jumped in North and South The united states, irrespective of slight falls in Europe and
Asia. Worldwide yarn and fabric orders fell in Europe and Brazil each in comparison with the earlier
quarter and with the 2nd quarter of 2010.

Estimates for yarn and material creation in the third quarter of
2011 in most international locations is either adverse or unchanged. In the 4th quarter the outlook for yarn and
cloth production improves with most countries viewing increased or unchanged output levels.

In comparison with the earlier quarter, planet yarn production
enhanced in the 2nd quarter of 2011 by +12.one%. Even though Asia recorded an enhance of +thirteen.9%, all
other regions recorded decreases (South The united states -7.3%, Europe -6.five% and North America -3.1%).
Year-on-12 months world wide yarn production rose a bit by+one.% because of to increased output in Asia and North
The us by +1.eight% and +.four%, respectively, and regardless of reduce levels in Europe (-eight.three%) and in South
America (-16.three%).

In contrast with the prior quarter world wide material production
improved in the 2nd quarter of 2011 by +four.4%. Fabric production rose by +five.1% in Asia and by +3.six%
in South America, but fell in Europe and North The usa (-one.three% and -.four%, respectively). In
comparison to very last year’s 2nd quarter international cloth creation was down by -six.%. Searching at the
various regions only South The usa recorded an enhance (+seven.7%), while North The united states, Asia and
Europe cloth production was diminished by -eight.eight%, -7.3% and -3.4%, respectively.

Yarn inventories soared around the world by +sixteen.four% in the 2nd quarter of
2011 in comparison to the preceding 1. In South America and Asia they jumped by +39.nine% and +21.eight%, but
remained virtually unchanged in Europe and North The united states. On an yearly foundation world wide yarn stocks ended up
up by +21.2%. Particularly in South The usa and Asia yarn inventories soared by +eighty two.8% and +26.1%,
respectively, even though in Europe and North The us they have been unchanged.

World wide material inventories rose in the 2nd quarter of 2011 by
+eight.1% as in contrast to the prior 1. In South The united states and North America they jumped by +56.8% and
+9.two%, respectively, but fell in Asia (-3.five%) and Europe (-.six%). In comparison to last year’s 2nd
quarter international material inventories elevated by +8.one%. In South The usa they have been up by +44.six% and
in North America by +12.nine%, while they fell in Asia by -1.six% and in Europe by
-.4%.

Yarn and cloth orders in Europe had been somewhat down by -.four% and
-1.2%, respectively in the 2nd quarter of 2011 in contrast to the previous one in Brazil they
plummeted by -thirty.four% and -10.5%, respectively. On an yearly foundation yarn and cloth orders ended up
unchanged in Europe but dropped in Brazil by -40.% and -18.seven%, respectively.

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