By  on December 30, 2013

Stability in raw material prices and economic conditions around the world resulted in a rarity in the global fiber business in 2013 — a lack of volatility, leading to an outlook for more of the same in the year ahead.

Following some up and down years — memories of record-high cotton prices in excess of $2 a pound in 2011 that dragged other fibers with it are still relatively fresh, not to mention the Great Recession that preceded it — the fiber industry sees a somewhat stable environment ahead, with room for growth. But slow and somewhat tenuous economic growth in places such as the U.S. and Europe and China’s molasseslike move away from a controlled economy still weigh on key sectors, while climatic conditions are always a concern for natural fibers.

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