MARKET PROBLEMS FOR BRITISH TEXTILES
LON DON, Jan. 13. Tlie Financial Times, revicwing prossperts in the textile industries, says tlie chi-ef problein ls to ensure wider market? and to reopen those which are alreatlv closed or parlially closed. aguiust British exports. The output of woollen, cotlon and rayon fabric? is steadilv inereasing and there aie now sound hope? that increased production will be sutticient not onlv to reach the export targets but also to maintain the hoine ration. At present the wool industry offers the most eneouraging' picture and as the demand from abroad still eonsiderably exceeds the supply, the prospeets appeaiy
assured. There are, however, inereasing barriers to inereasing exports of cottons and spun rayons. youth Africa and Australia are at present the best mar kets but owing to their relatively smalj populations, exporters fear the marke-t will be saturated by the end of this year. Laneashire and Yorkshire ex porters are pinning liopes on the efforts of the Board of Trade to breal$ down i rest rictions, particularlv in the case ot 'the Argentiue where there is still a bip dfeinand for British textiles.
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Chronicle (Levin), 15 January 1948, Page 7
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186MARKET PROBLEMS FOR BRITISH TEXTILES Chronicle (Levin), 15 January 1948, Page 7
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