CONFIDENTIAL

been the switch to knitted fabrics (much of it made outside

Lancashire) which both compete with traditional woven construc-

tions and tend to use filament rather than spun yarn. Total UK

production of cotton and man-made fibre fabrics in 1970 was in

fact rather higher than the Textile Council predicted, but with

knitted fabrics taking a larger share.

7. The rise in imports of cotton textiles this year (22 per

cent more cotton cloth and made-ups) has all along seemed inevit-

able as importers make the most of their last duty-freeefacilities

from the Commonwealth; it is uncertain how many of these imports

(which all figure in the "apparent consumption" statistics) are

actually being sold as distinct from stocked in the hope of

higher prices after the tariff comes in. Imports of woven man-

made fibre fabric, which are not restricted and will face no

tariff change next year, have also risen(by 33 per cent) this.

year. This increase, though a lot higher than the rise in the

previous years, is partly due to the continuing swing everywhere

towards man-made fibre. Apart from Hong Kong, our principal

suppliers of mm f fabric are, however, countries enjoying no

natural cost advantage over the UK and 4/5ths of this year's

increase has come from these sources, principally EFTA countries

but also the FEC and the US. It seems to be characteristic of the

"textile cycle" for imports to respond more quickly to a recovery

in demand than domestic production, but on past experience we

would expect to see the latter revive by mid-1972.

4.

CONFIDENTIAL

/8.

Share This Page