USA:Demand for cotton yarn in US slackens

Continual decline in US domestic fabric production is driven by the fact that cotton yarn import in 2005 recorded sharp drop.

A total 8,058 tons of yarn was imported in August, which is the smallest volume of imports since December 2004, which is a 23.6 percent decline compared to last year figures.

Yarn imports demands from NAFTA followed by imports from Canada dropped sharply at 24.9 percent to only 1,572 tons.

Imports from Mexico stood at 910 tons, down 26.9 percent. Pakistan as a top supplier of imported yarns at 3,838 tons, down merely 3.5 percent, in August.

Past four months have been witnessing a double digit decline in US cotton yarn imports. The total January through August yarn imports were 83,312 tons, down 12.1 percent; and Pakistan remained its top supplier.

However, South Korea, Thailand and India have been exporting significant amounts of yarns to the US.

Fibre2fashion.com