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Wood Mackenzie Forecasts Rapid Global Fiber Recovery

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The textile fiber industry suffered a “unprecedented” 6 percent decline in 2020 due to Covid, but better times lie ahead, at least for some sectors, Bruna Angel, principal analyst for fibers at Wood Mackenzie, said at the virtual Sourcing Journal Hong Kong Summit earlier this month. “Initially, in the middle of 2020, we thought it…

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