Raw Material Tag 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.

According to the National Cotton Market Monitoring System, a nationwide cotton planting intention survey was launched in mid-March. The survey results show that in 2020, China ’s cotton planting area was 45.501 million mu, a year-on-year decrease of 2.442 million mu, a decrease of 5.1%, which was 0.8 percentage point lower than the November 2019 intention survey result. Among them, Xinjiang intends to plant cotton area of 34.759 million mu, a year-on-year decrease of 1.6%. The cotton planting intention in Xinjiang cotton area is generally stable, with the lowest year-on-year decline in the country. Mainly because the latest announcement issued by the National Development and Reform Commission shows that from 2020, Xinjiang's cotton target price policy will be improved. The target price level is still 18,600 yuan / ton, which is conducive to maintaining the stability of cotton planting in Xinjiang to a certain extent. The planting report was too empty, which caused the expected decrease in the cotton planting area. The epidemic situation is still deteriorating. It is expected that Zheng Cotton will continue the trend of weak shocks in the short term, or it will continue to bottom, but it should not be seen too much. Bid-off funds can be entered at low prices. Yesterday, the contract of Zhengmian 09 was blocked, and the heavy volume finally closed at 10740 yuan / ton, down 200 yuan / ton. The Bollinger Channel opens downward and the mid-rail line runs downward. It is expected that Zheng Mian will continue to fluctuate in the short term. The MACD indicator continues the dead fork arrangement, the green column shrinks, but it is still in a weak area below the 0 axis, and the technical indicators are weak.

At present, the EMOT M price in the US is 62.75 cents / lb, the Indian S-6 1-1 / 8 price is 67.4 cents / lb, and the Brazilian M price is 62.85 cents / lb. Up 0.5 cents per pound. Officials in the United States are increasingly pessimistic about the prospects for a coronavirus outbreak. According to the White House, the number of Americans who have died of a coronavirus pneumonia epidemic could reach 240,000. This is the first official assessment by the US government of the number of deaths that may be caused by the outbreak. The market is concerned that the blockade and economic stagnation caused by the spread of the epidemic may take longer than expected. The ICE cotton tumble hit a 11-year low of 48.35 cents as demand worries increased. At the end of the session, it closed at 48.76 cents per pound, closing below the important 50 cents mark, down 2.34 cents per pound, a decline of more than 4.5%. The moving average system continues to be short, and the MACD green bar volume is in a weak area below the 0 axis, and the technical indicators are in a weak position. The recent price range is 46-52 cents / lb.

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