Face Mask Ear String Elastic Knitting Machine

Machine model: Dt2020 

Machine name: Mask rope crochet knitting machine

Machine size: 5m * 12m * 1.8m

Material: Polyester + Spandex / Nylon + spandex

Size: 2.8-5mm

Color: white

Pattern: round / flat

This round / flat elastic band is suitable for all kinds of facial mask hanger, mask elastic band, KN95 mask, FFP2 elastic earring, fluffy hat elastic belt, doctor cap elastic belt, medical mask elastic band, tubular elastic earring, gloves elastic band, facial mask elastic rope, mask bungee jumping, surgical mask earring.

Information about textile industry

The global outbreak of novel coronavirus pneumonia has led to a global recession, textile consumption demand has shrunk sharply, and textile manufacturing industry in various countries has been operating difficultly. In order to alleviate the downward economic pressure brought by the new crown epidemic, many countries urgently issued large-scale economic stimulus policies. The confrontation between policy stimulus and demand contraction will give birth to sustained and substantial fluctuations.

1、 The negative marginal effect of the epidemic is decreasing, and the prospect of cotton consumption is still worrying

Novel coronavirus pneumonia spread rapidly in late 3, while Russia and Saudi Arabia launched an oil price war, which led to a panic in global stock and commodity markets. Subsequently, in response to the global financial risks brought by the new crown epidemic, more than 60 countries such as the United States and Europe urgently adopted interest rate cuts and active financial policy support, and the rescue efforts and speed far exceeded the financial crisis in 2008. Since April, major oil exporting countries have preliminarily reached an agreement on production reduction during the G20 meeting. The growth rate of newly confirmed cases in Europe and the United States shows signs of slowing down, and the negative marginal effect of the epidemic is gradually decreasing in general, which promotes the rebound of global stock and commodity prices to varying degrees, including cotton.

However, the prospect of global cotton consumption is still worrying. According to the data of the U.S. Department of agriculture in April 2020, the global output in 2019 / 2020 is 26.499 million tons, with a year-on-year increase of 676000 tons and consumption of 24.077 million tons, with a year-on-year decrease of 2.115 million tons. We think the USDA's reduction of global cotton consumption is relatively conservative. During the financial crisis in 2008, the global cotton consumption decreased by 2.95 million tons year on year, far greater than the current year-on-year reduction, while the negative impact of the current epidemic on the global cotton consumption was greater than that during the financial crisis.

According to the survey conducted by the International Federation of textile manufacturers from March 28 to April 3, a large number of orders of textile enterprises around the world have been cancelled or postponed, with an average decrease of 31% globally. The uncertainty of the duration of the new crown epidemic has brought heavy pressure to the industrial chain. Southeast Asian textile manufacturing bases such as India, Pakistan, Vietnam, Bangladesh and Indonesia have been severely affected Damage.

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