Rayon shortage is costing Indonesia
22/10/2010
With high demand across the globe, textile industry figures in Indonesia have begun to worry about a shortage of rayon yarn and fabric in particular, which is leading to Indonesian firms losing out to rivals in other parts of Asia.
The executive director of Indotextiles, Redma Wirawasta Gita, has told local media that the export volume of Indonesian rayon yarn to the US increased by 41.6% in the first eight months of 2010 compared to the same period in 2009.
This figure seems good until you learn that the comparative growth figures for export volumes to the US from Pakistan, India and China were, respectively 309.2%, 213.1% and 126.4%.