COTTON STILL KING, ALTHOUGH FRACKING MAY BOOST ARTIFICIAL FIBRES
October 2nd, 2013
World fibre production, especially for cotton, is strong, with cotton prices stabilising after experiencing a few years of high prices. Yet, the apparel and textile trade landscape is shifting as production moves away from China and domestic demand in Asia is set to boom, which will put more pressure on existing fibres and fabrics production worldwide.Currently, polyester claims about 52.5% of the world market share, with cotton at about 31% to 32%, said Jeffrey Silberman, chairperson of the textile development and marketing department at the US-based Fashion ...
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