Printing And Dyeing Peak Season Slow Down Downstream Printing And Dyeing Market Downturn

"According to past years, this time should be the peak season for the downstream, but this year's printing and dyeing peak season is slow. The printing and dyeing mills generally affect the price of dyestuffs."

A private person who did not want to be named said.

His words were confirmed by the printing and dyeing factory, and the head of a printing and dyeing factory in Jiangsu said to the great wisdom News Agency (micro signal DZH_news) that the printing and dyeing Market is now in a "terrible mess" and that the improvement will need to wait until next year.

In addition, Zhejiang Longsheng and 002440.SZ are all the margin trading companies. Before the low price of 13.7 yuan / share (at the beginning of August -9), many people bought Zhejiang Longsheng, and now the market is in order, so some people will choose to evacuate as soon as possible, which will also affect stock prices.

The above private placement said.

Data show that from the end of August, Zhejiang Longsheng financing purchase amount began to show a more obvious growth.

In September 1st, the net purchase amount of corporate financing reached 203 million yuan, setting a new high of its single day net purchase, and the company's share price rose 3.16% on that day.

But after the national day, the amount of corporate financing began to shrink, and the balance of financing was also declining.

"Dye is a cyclical stock, and its wave market has started since the end of 2012, and it has been nearly two years now.

If a cyclical stock can buy at a historical low and when the market starts turning, it will still be easy to make money, otherwise it will be difficult.

"The private person added.

In the middle of 9 this year, the main manufacturer of domestic reduction products, Ningxia Ming Sheng dyeing and finishing Co., Ltd. (hereinafter referred to as "Ming Sheng dye") was ordered to permanently shut down due to illegal sewage disposal, and the new plant of the company could not be put into production in the short term, resulting in a sudden increase in the price of reducing substances from 30 thousand yuan / ton to 100 thousand yuan / ton.

The reduction is an important intermediate for the production of disperse dyes. Therefore, the industry expects that the dyeing and finishing production of Ming Sheng can benefit the market of disperse dyes.

However, due to the fact that there is still a certain amount of stock in the Dyestuff Factory, and the demand for printing and dyeing is not good enough, the price of the reduction has increased, but the market paction is limited, and the supporting role of the dye price is not very obvious.

"According to the current situation, it is expected that the impact of reducing substances on dye prices will take some time to emerge.

Although dye is a strong cyclical chemical product, its environmental sensitivity and industry concentration are relatively high, so it is easy to change the market because of some environmental emergencies.

The new environmental protection law will be implemented next year, so dye can still be concerned. "

A fund analyst said.

And for this

It is obviously different from that of reactive dye intermediate after acid explosion.

Quotes, industry insiders explained: "after the soaring price of H acid, it plummeted in the second half of this year, causing a lot of losses to many traders. There is an example of such a case. So the market is much more rational after the price rises, and it will not rush to catch up."

"Besides,

The example also worried the market. Although the old factory was closed, the new factory could not be put into production in the short term. But once the price of the reduction came up, it would be like that of HA. Many small businesses suddenly came out. They chose to take risks and secretly produce for the sake of profiteering.

These small factories usually sell at a lower price, and don't care how long they can produce. They can make a profit at the best time, and then turn it off. "

The industry insiders said.

In 2013, the price rise of dye intermediates represented by H acid increased the price of dyes, making dye become the "star chemical product" at that time.

Thanks to the rise in dye prices, Zhejiang Longsheng and run soil shares have achieved substantial growth over the past year or so.

However, the semi annual report released by the two companies in 2014 shows that the performance of the two companies in the three quarter of this year will be rather dull.