Mask Earloop Cord 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
On April 9, 2020, the U.S. Department of Agriculture released the global cotton supply and demand forecast monthly report. Due to the reduction of global consumption, the trade volume in 2019 / 20 will be reduced and the ending inventory will be increased. The consumption of major cotton consuming countries has been reduced. The total global consumption has been reduced by 1656800 tons this month, down 6.4% from last month. It is estimated that the total consumption in 2019 / 20 will be 24.11 million tons, 8.1% less than that in 2018 / 19. It will be one of the biggest annual declines on record. This month, the global trade volume in 2019 / 20 will be reduced by 654000 tons. Due to the relatively small increase of inventory and output at the beginning of this month, the inventory at the end of 2019 / 20 was increased by 1.722 million tons, 2.398 million tons higher than the same period of last year.
About US cotton data: in 2019 / 20, both US cotton export and consumption were significantly lower than that of last month, and ending inventory was significantly higher. The almost unprecedented slowdown in global economic growth is expected to significantly reduce global cotton demand and trade volume, which also led to the largest monthly downward adjustment in U.S. cotton exports: 327000 tons to 327000 tons. Consumption decreased by 21800 tons and ending inventory increased by 348800 tons. It is expected that the ending inventory will reach 1.466 million tons, equivalent to 37% of the total inventory, compared with 26% in March. Cotton farmers are expected to receive an average annual price of 59 cents per pound, down 1 cent from last month.
USDA global cotton supply and demand forecast in April 2020 (2019 / 2020)
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