Author : M. Elton Thigpen
Release : 1986
Genre : Technology & Engineering
Kind : eBook
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Book Synopsis Prospects for the World Jute Industry by : M. Elton Thigpen

Download or read book Prospects for the World Jute Industry written by M. Elton Thigpen. This book was released on 1986. Available in PDF, EPUB and Kindle. Book excerpt: Prospects for the world jute industry to the mid 1990's are analyzed to identify trends likely to follow the confusion in the jute market originating from the 1984/85 fibre supply crisis. Jute fibre is used primarily as a textile raw material for making packaging products, carpets, industrial fabrics and twine. Structural changes occurring in the world demand for jute are identified. Prospects for the expansion of jute consumption for packaging uses in developing countries are fairly bright since the scope for early changes to bulk-handling and synthetic substitution are limited. The rapid loss of markets for jute sacks and bags to bulk-handling in the industrial and grain exporting countries during the 1970's has about run its course. The resulting structural shifts in the regional distribution of consumption and changes in the product composition of final demand suggest that the growth in world demand for jute to the mid 1990's should be higher than was attained daring the 1970's and early 80's. It is further argued that due to the high prices of 1984/85 output will increase in the 1985/86 and 1986/87 harvests causing prices to fall and leading to a period of low prices and low output in the late 1980's.