FDY 150/2 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.

Chinese cotton mills and traders have gradually expanded the contracted purchases of US cotton in 2019/20 (the three-week contracted volume from February 14 to March 5 was 0.9 million tons, 132,000 tons, and 20,600 tons respectively).

According to surveys and estimates by several international cotton merchants, large and medium-sized cotton importing companies, as of mid-March, China's cotton stocks in main ports of China reached 550,000-600,000 tons (bonded cotton + non-bonded cotton, with a slightly larger share of customs clearance cotton). ), On the one hand, why the port inventory is "full of cotton", on the other hand, why sign a contract to import US cotton?

Some textile companies and traders said that in addition to the implementation of the first phase of the China-US trade agreement and the offer of US cotton FOB / CNF, which has advantages over Brazilian cotton, West African cotton, Indian cotton, and Umbra, the other is more important. The reason is that at present, bonded and non-bonded cotton in ports is “large and mixed”. It has the characteristics of low grade, low quality, and insufficient spinnability. It lacks sufficient attraction for buyers of high and medium count yarns.

From the survey, except for a small amount of Australian cotton, Brazilian cotton with good quality, consistency, and spinnability in 2019, cotton stocks in ports such as Qingdao, Zhangjiagang, and Shanghai, other West African cotton, Brazilian cotton, Indian cotton, U.S. cotton and other products are characterized by low grades and breaking specific strength of 27 GPT and below (the proportion of U.S. cotton lengths of 1-1 / 8 and above in 2018/19 is high), plus the need to consider downgrading; and the current port bonded In 2019/20, US cotton is mainly ME / EMOT, most grades are SLM and M, and the length of cotton fibers shipped in the previous period is 1-32, 1-16, 1-32, and it is difficult to enter. The spinning method of 40S and above yarn mills is the "Fair Eye"; while the shipment and delivery of EMOT / MOT SM 1-1 / 8 (SM 1-5 / 32) US cotton are mostly concentrated on 2/3/4/5 As a result, the principle of signing US cotton contracts for some buyers in China is "should stay in the middle and stay in the middle."

As the ICE main contract fell below the 60 cents / lb and 59 cents / lb mark (the intraday low on March 13 was 58.57, a new low since mid-April 2016); the quality and grade of US cotton will be scheduled after February And the consistency has increased significantly, and Chinese textile companies and traders are expected to continue their contracted purchases. In addition, Xinjiang ’s cotton railway and road shipments gradually returned to normal in March, and the domestic cotton consumption boom declined in the first half of 2020. Cotton with poor sex, low quality, and high foreign fiber is more difficult to inquire and ship.

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