420D Fishing Twine Thread

High strength, good gloss, monofilament fiber uniformity, low shrink, do not fade, etc., the production of polyester twine and nylon twine from 210D/3, 210D/6, 210D/9, 210D/12, 210D/15, 210D/18, 420D/2.

Textile industry related information

With the novel coronavirus pneumonia epidemic prevention and control work carried out continuously and effectively, the negative impact of the epidemic on China's textile enterprises has gradually declined. The domestic resumption of production, recovery and business resumption is orderly, and the utilization of equipment capacity of enterprises has gradually increased, and the enterprises' confidence in the future development of the industry has been gradually improved. According to the author's calculation, under the support of domestic market consumption recovery, the industrial added value of textile industry in the fourth quarter is expected to reverse the current negative growth trend.

Expected growth of domestic textile and clothing market

Since the second quarter of this year, domestic consumer market demand has gradually recovered. According to the survey of 5000 entrepreneurs by the people's Bank of China, in the second quarter of 2020, the domestic order index was 50.9%, up 33.5 percentage points from the first quarter, and the export order index was 32.0%, 12.9 percentage points higher than that of the first quarter. In line with the survey of the people's Bank of China, according to the survey of textile enterprises by China Textile Federation, the domestic demand market of textile industry is recovering rapidly, and the international market is still in the doldrums. According to the survey, it is expected that in the third quarter of 2020, the new order index of the textile industry may reach 59.7, which will increase by 7.5 points compared with the second quarter; the foreign order index may be 46.6, which will also increase by 9.6 points compared with the second quarter. It can be seen that textile enterprises are generally optimistic about the recovery of domestic market demand.

In addition to the expected recovery of market orders, the development of network channels and emerging channels also plays an important role in supporting the recovery of domestic consumption. According to the survey conducted by the Shanghai Office of the China Textile Federation, the main way for consumers to buy clothing in 2020 is through online channels. Due to the impact of the epidemic situation, online shopping channels are further penetrated. 51.0% of the respondents said that online shopping is their main way to buy clothes. According to the current network sales data, the online sales channels of clothing products are active and the growth is obvious. According to the data of the second Shuangpin online shopping festival in 2020 (April 28, 2020 to May 10, 2020), the sales of clothing, shoes, hats and knitted textiles increased by 24.2% year on year. At the same time, 40298 clothing brands with the characteristics of designer customization, online star recommendation, couple style, and national fashion culture, with retail sales of 3.81 billion yuan. The sales data of domestic sports brand tmall also showed significant growth. In July 2020, Anta, Li Ning, FILA, Tebu and Pathfinder sold 570 million yuan in tmall flagship stores, with a year-on-year increase of 55.8%.

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