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World Fiber Production Decreased By &Nbsp In 2009; 0.7%

2010/11/2 13:04:00 50

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Fiber Yield

2008 World

Fiber yield

After a drop of 6.8%, output fell by 0.7% in 2009.

The decline in production in 2009 was entirely due to a 5.7% reduction in natural fiber production.

The output of artificial fibers was the opposite, down 4.2% in 2008 and 2.4% in 2009.

However, output growth is mainly in China and India.

The growth of synthetic fibers is mainly synthetic fibers.

cellulose

Fiber growth, but the growth of synthetic fibers is not obvious.

Polyester production is high, but nylon output continues to decline.

Because of the development of these fiber yields,

Natural fiber

The proportion decreased to 36.6% in third consecutive years, mainly due to a 5.9% drop in cotton demand.

However, the consumption of wool and silk has also declined significantly.

Cotton prices have risen steadily since March 2009, reflecting a decline in inventories. Some people think stocks are down to dangerous levels.

The reduction in inventory is due to demand recovery, coupled with the low price in 2008/09, resulting in farmers unwilling to grow cotton, resulting in a decline in cotton production.

In addition, recent flooding in Pakistan has aggravated market fears of insufficient cotton stocks.

In fact, cotton prices have exceeded the $1 mark. In history, cotton prices have only exceeded two US dollars for two times, and cotton prices rose to 115.6 cents from the lowest price in March 2009 to 51.50 cents in September 29, 2010.

2010/11 year of farming (August 1, 2010 -2011 July 31st) demand will continue to be slightly larger than supply and inventory will continue to decrease.

Nevertheless, the average price is expected to be weak because of the increase in global supply.

The price of wool was also rising in 2009/10 because of the shortage of stocks and the price of wool reached 9.22 Australian dollars / kg in March 2010.

But since then, the price of the Australian dollar has declined, and the price dropped to 8.75 Australian dollars / kg by September 30, 2010.

Looking ahead, prices will remain below 9 Australian dollars / kg, because consumers are unlikely to substantially increase their purchases.

In 2010/11, consumption is expected to be slightly higher than output.

As a result, stocks are likely to pick up, and inventory growth is enough to restrain price rises.

Global demand for wool fiber is mainly dependent on China.

The textile industry of other industrialized countries is undergoing structural adjustment.

European consumer demand is weakening, and finished product stocks continue to grow.

The problem of Italy is particularly serious, and a great deal of manufacturing capacity is moving to Eastern Europe and China.