Cross Stitch Embroidery Thread

Product Name:

polyester embroidery thread

Characteristics:

Polyester embroidery thread is made of polyester filament. The thread is of good glossy effect, low friction, uniform twist, low breakage and low chromatic aberration.

Product types: 108D/2, 120D/2, 150D/2, 150D/3.

Information about textile industry

Economic growth rebounded and the number of imported yarns rebounded

According to data released by the National Bureau of Statistics on July 27, the profits of industrial enterprises in the second quarter increased by 4.8% year-on-year, and the first quarter was down 36.7%. Especially in May and June, profits increased by 6.0% and 11.5% respectively, and the growth rate was month by month. accelerate. Data shows that China's economy is slowly recovering.

According to customs statistics, in June 2020, China’s cotton imports amounted to 90,000 tons, an increase of 29% month-on-month and a year-on-year decrease of 44%. In June, China’s cotton yarn imports amounted to 150,000 tons, a year-on-year decrease of only 6.5%, and an increase of 50% month-on-month. %, it can be seen that domestic enterprises have recovered their demand for imported cotton and cotton yarn.

　　 Market participants believe that the rebound in the number of imported yarns is one of the manifestations of the recovery of market demand. In May and June, China’s domestic orders postponed due to the epidemic were fully released, and the consumer demand for 40S and below cotton yarn (including OE yarn) rebounded in a short-term "retaliatory"; and some domestic small and medium-sized spinning mills were slow to resume production and raw materials. Due to high costs and other reasons, low-to-medium yarn production and insufficient inventory, the purchase of Vietnamese yarn and India-Pakistan yarn on spot, bonded or customs clearance has become an inevitable choice for textile and garment enterprises and middlemen.

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