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Pandemic Could Pressure Fiber Prices, Volume for ‘Foreseeable Future’

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The global pandemic and resulting widespread store closures and stay-at-home orders has the textile and apparel industry squeezed between challenges in supply and demand. As Stefan Doboczky, CEO of the Lenzing Group, said, “The COVID-19 crisis has [had] a severe impact on the entire textile and apparel industry and has further increased the pressure on…

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