Although the total global business balance for the sector is still in negative territory at -15pp, there has been a noticeable improvement since November 2024. The survey, conducted in January 2025, shows that instances of order cancellations remain minimal, inventory levels are holding steady, and spinners are increasingly confident about a resurgence in demand despite persistent challenges within the textile supply chain, The global order backlog has also increased to an average of 2.5 months, with North & Central America experiencing even higher demand at 2.9 months.
https://finance.yahoo.com/news/itmf-reveals-positive-outlook-amid-123205573.html?guccounter=1