Bloomberg News

Textile Demand Climbed 2.4% Last Year, Study Shows (Corre

May 15, 2012

(Corrects company in second paragraph in the story originally published May 11.)

Textile demand climbed 2.4 percent last year to a record 82 million metric tons, led by growth in polyester fibers, according to a study.

Natural fibers such as cotton had a 3.4 percent drop in demand to 29.4 million tons, according to the study by The Fiber Year GmbH in Switzerland and presented at a trade association of chemical fiber manufacturers today in Frankfurt. Cellulosic man- made fibers that come from wood grew 6.3 percent to 4.7 million tons, according to the study. Overall, man-made fibers growth was 6 percent to 52.7 million tons, it said.

Cotton prices jumped 92 percent in 2010 and then fell 37 percent last year. “The textile future will depend to a larger degree on man-made fibers,” it said.

To contact the reporter on this story: Claudia Carpenter in London at ccarpenter2@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter in London at ccarpenter2@bloomberg.net


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