India Dye Prices Will Stabilize
< p > Janak Mehta, chairman of India dyestuff Manufacturers Association, said at the 30th anniversary China International dyestuff Development Symposium recently held by the China Dyestuff Industry Association that after more than a year of soaring prices, the price of dye in India will stabilize.
With the increasing concern of the India government on environmental issues, the dyestuff industry will face more stringent environmental regulations.
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< p > similar to the Chinese market, the dye price of 2013 a href= "http://www.91se91.com/news/index_c.asp" > India < /a > also rose sharply.
But Mehta said that the price increase of dyes was much lower than that of intermediates.
Compared with January 2013, the price of the main dye intermediate acid in March 2014 has increased by 380%, sulfonated toddic acid has risen by 100%, K acid has increased by 174%, gamma acid has increased by 197%, 4, 4 - two aniline sulfonylaniline (DASA) has risen 154%, the dye product Black 5 has risen 148%, active red 195 has increased, the activity yellow has increased, the acid black has risen.
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< p > Mehta said that the 2014 India a href= "http://www.91se91.com/news/index_c.asp" > dye market < /a > will be full of challenges.
If the price of dye continues to rise, it may be resisted by end-users, and prices are expected to stabilize.
However, there is an upward trend in the price of acid.
Because of the pressure of environmental protection, India has shut down a number of acid producing enterprises.
India is difficult to self supply and needs to be imported from China. However, due to environmental protection and acid production, China has difficulty in supplying India market.
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< p > Mehta pointed out that the dye industry will face more stringent environmental regulations along with the increasing attention paid to environmental issues by India policy.
This requires the dye industry to enhance overall efficiency, increase integration efforts, adjust industrial structure and pform development mode.
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< p > > a href= "http://www.91se91.com/news/index_c.asp" > Mehta < /a > predicts that by 2017, the output value of India's dyestuff industry will be between 7 billion 500 million and 9 billion 500 million dollars, and the export volume will reach 4 billion 900 million to 5 billion 950 million US dollars; in 2020, the output value will be between 10 billion and 14 billion US dollars, and the export volume will be between 6 billion 800 million and 8 billion 900 million dollars.
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< p > according to statistics, the output value of the global dyestuff industry is US $32 billion, of which India accounts for 16%.
In 2013, India produced 90 thousand tons of reactive dyes, 40 thousand and 500 tons of disperse dyes, 30 thousand tons of acid dyes, 1500 tons of basic dyes, 7500 tons of direct dyes, 7500 tons of sulfur dyes, 23 thousand tons of other dyes, 80000 tons of organic pigments and 350 million tons of inorganic pigments.
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