Man-made fibre production of Brazil has been witnessing a significant slump since December 2004 as cotton started making inroads in to domestic markets capturing its market share.
This collapse accelerated in the second half of 2005 as downstream demand waned due to low apparel output.
This slump reached a point when man-made fiber yarn and fabric went sank by 25.1 percent, the lowest level recorded in last five years, in August, 2005.
According to the IBGE Index of Man-Made Fiber, Spinning and Weaving Output, production fell to 77.70 in August.
Since August, production improved to 82.38 in September and 84.05 in October; however, output in October still remained down 15.6 percent from year ago levels.
