Global fabric output is expected to stay stable in Q2/2017

The global yarn production improved in Q1/2017 quarter-onquarter. Thereby, output in Asia, North America and South America improved, and it declined slightly in Europe. On an annual basis, the global yarn production in Q1/2017 increased versus Q1/2016. Global yarn stocks declined in Q1/2017 quarteron- quarter with the most significant decline in South America. Also year-on-year, global yarn stocks fell slightly. Quarter-onquarter yarn orders in Europe increased, while in South America they decreased. Compared to the same quarter a year ago, yarn orders also decreased in South America and increased in Europe.