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In Q1 textile industry showed flat demand

May 04/2012

(textileworld) -- The first quarter of 2012 was well below the hopes and expectations of many spinners.

"We've been really disappointed in the activity for the first part of the year," said one Carolinas spinner. "There was a spike earlier in the year Ч a very brief one Ч that gave us hope that things were turning back around. But it was very short. Since then, orders have been very slow and very small."

A yarn broker who buys and sells in the United States and Central America said he has noticed increasing competition from Asian suppliers. "Last year, companies from China, India, Pakistan and other eastern nations were caught up in the same raw material shortages that affected us here in the Western Hemisphere," he said. "As a result, they focused more on making sure they could meet the needs of their domestic markets. Now, with raw material prices and availability back to about where they were before the spike, these companies can be more aggressive in pursuing business over here."
Author:Anna Larionova
Tags:polyether, PP, fibers/filaments, tekstil.
Category:General News
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