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Global Yarn and Fabric Production Declines Seen Deepening on Weak Asia Outlook

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The International Textile Manufacturers Federation said the relatively stable third quarter 2017 global market for yarn and fabric production is expected to show a deeper contraction in the fourth quarter. ITMF reported that global yarn production decreased 0.4% in the third quarter from the previous three months and was 2.4% lower than a year-ago-period. An…

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