Three Plys For One Nylon High Elastic Sewing Thread

Polyester filament sewing thread is made of high tenacity polyester continuous filament. It is heat setted and lubricated with high quality silicone wax, which is smoother gliding into the needle hole. This thread has high tenacity, excellent sewability and abrasion resistance features, it is applicable for shoes, handbags, outerwear, curtains, leather goods, industrial products, etc.

Products: 840D/3, 1000D/3, 1500D/3, 2000D/3

Material: Polyester high tenacity filament

Its the yarn for heavy duty sewing , generally used by the footwear industry, suitcase makers, leather goods manufactures, furnishing and quilting industry.

The new crown pneumonia epidemic has gradually eased under effective domestic prevention and control measures, but the epidemic situation has escalated in some countries around the world, and market worries have re-emerged. Cotton price trends depend on epidemic control and will remain weak for a period of time. The domestic epidemic was effectively controlled. The new crown pneumonia epidemic began in December 2019, and the state formulated timely strict measures for prevention and control. According to the data released so far, the epidemic situation has been effectively controlled, and the number of newly diagnosed patients has continued to decrease. However, it is not known when the prevention and control measures will be fully lifted. At present, the epidemic situation has two main impacts:-The consumption of textiles and clothing at the terminal has lost a major period of time, and the second is the delay in the start of downstream production. Looking at the breakdown of textiles and apparel in the past years, January-February accounted for 17.3% of the annual consumption rate, calculated on a monthly average, slightly higher than the average level, and there has been a downward trend in recent years. If the epidemic can be controlled at the end of February, even if people's consumer confidence continues to be affected in March, the overall domestic demand consumption is expected to be reduced to about 500,000 tons of cotton consumption. If the epidemic is repeated, consumption will decrease or reach 30% of domestic consumption in the whole year, which is close to losing the entire spring and summer clothing consumption.

In terms of construction, the impact is relatively small. According to historical data, the output value of the textile industry accounted for only 3.5% of the whole year from January to February, accounting for a small proportion. At present, enterprises are gradually returning to I, and the overall return to work is about 2 weeks later than normal. Of course, even if work resumes now, the need for epidemic prevention and control will affect production capacity. However, as a whole, the impact on production is relatively limited, and the negative impacts can be partially offset through post-arrangement. The spread of foreign epidemics The recent epidemic has continued to ferment abroad, with South Korea, Japan, Singapore, Iran, and Italy being the worst. South Korea currently has as many as 1,146 patients diagnosed, an increase of nearly 200 people daily, which has caused panic. As many as 323 people were diagnosed in Italy, making it the worst country in Europe. At present, the above countries have adopted strict control measures to try to control the spread of the epidemic. Based on this, Paul Greenwald, chief economist of S & P Global Ratings, cut the global economic growth rate by 0.3 percentage points this year, and cut China's annual economic growth rate by 0.7 percentage points to 5.0%. The economic impact of the epidemic will be mainly reflected in the first quarter, which will have a significant negative impact on global cotton demand.

Supply and demand balance sheet adjustment

At the beginning of this year, based on an analysis of the total domestic consumption of 8.3 million tons, it was concluded that the inventory at the end of the current year would be the lowest in recent years, and cotton prices are expected to rise steadily. However, after the outbreak, domestic consumption is expected to be reduced by about 500,000 tons under neutral expectations, and ending stocks will return to the 2017/18 scale, and the cotton price upward space is expected to move downward. The spread of the epidemic in the world will increase the reduction of domestic consumption, which is expected to expand to about 1 million tons, and the ending inventory will reach a record high. However, judging from the difference between domestic and foreign cotton prices, cotton farmers' production costs, and the price comparison between cotton and other crops, cotton is currently undervalued, and there is limited downside.

The key to the cotton price trend in the later period depends on the global epidemic control situation. At present, domestic battles for epidemic prevention and control have started. The situation is good, but foreign risks are great and demand will be severely affected. Cotton prices will remain weak in a period of time, waiting for people around the world to overcome the new crown pneumonia epidemic.

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