Plant Fiber Net Fishing Net Twine

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.

Industry related information

Domestic market demand is expected to gradually recover

At present, the overall situation of epidemic prevention and control in China is good, the order of life and production has been steadily restored, and the strong domestic market with a good foundation gives more leeway for economic development. With the vigorous promotion of the resumption of work, production, business and market, the decline of both the demand side and the supply side of China's economy has continued to narrow. For four consecutive months, the PMI of the manufacturing industry is above the boom and bust line. Due to the accelerated growth of business activities and new orders, Caixin China's service industry PMI has recorded the highest growth rate in more than a decade, and the enterprise's optimism has reached a new high in three years. In order to do a good job in the "six stabilities" work and implement the "six guarantees" task, the state has issued a series of policies to support enterprises to reduce their burdens and relieve their financial difficulties, and ensure the basic stability of consumption capacity by stabilizing employment and residents' income. In the forecasts of major international institutions, China is the only country with a positive economic growth rate in 2020. Both IMF and the World Bank forecast China's economic growth of 1% in 2020.

The stable recovery of the domestic demand market will provide the basic guarantee for the smooth recovery of the textile industry. At present, the steady recovery of China's market is obvious, and new marketing models such as unmanned retail and live delivery with goods are emerging, which helps to optimize the domestic consumption environment faced by the textile industry and broaden the retail channels. This year, China's new burden reduction scale for enterprises is expected to exceed 2.5 trillion yuan. The increase of monetary and credit support will help textile enterprises improve their business conditions.

Overall, it is expected that domestic demand sales in the textile industry will continue to improve in the second half of the year, and the decline in online and offline retail sales will be steadily narrowed. Among them, the growth rate of total online retail sales is expected to return to positive growth, but due to the large decline in retail sales in the first half of the year, the missed consumption season can not be made up, and the annual growth rate is expected to be low; affected by epidemic prevention and control factors, physical retail is expected to be difficult to keep up with the scale of last year.

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