In its preview, Oerlikon Saurer has recast its data for last year, raising output to 71.1 million tons due to an upward revision of China’s man-made fiber (MMF) production figures. The adjustment resulted from 0.7 million tons of extra polyester fiber output, said the company.
The report forecasts cotton consumption will hit a new all-time record in the current season of approximately 26.3 million tons, a 4.5% increase over the previous season. Demand has again exceeded production and cotton stocks are expected to decline by 10% to around 10 million tons.
With the exception of acrylic fibers, MMF contributed strongly to the higher output. Cellulose fibers continued a six-year rising trend with further growth, growing by 5.9% to 3.4 million tons, with viscose leading the way—up by 9.3% to 2.3 million tons. Synthetic fiber output increased by 6.4% to 37.8 million tons, according to the study.
Polyester has been a key driver in the rising output, with growth across all segments. Last year, polyester fiber production advanced by 8.4% to 27.7 million tons, said Oerlikon Saurer. Staple fiber output was 7.9% higher at 11.7 million tons while filament production hit 16 million tons, up by 8.8%. Polyester production in Asia has soared, mainly in PR China, India and Vietnam, while the contribution from Europe and the Americas has declined.
Polyamide output was up slightly (2.4%) to 4.1 million tons while polypropylene production rose at a similar rate, up by 2.5% to 3.1 million tons in 2006. Acrylic fiber output declined by 3% to 2.5 million tons.