Environmental Protection Tightens The Price Of Dyes Upstream Of Printing And Dyeing

Around September last year, the main manufacturer of domestic reducing substances, Ningxia Ming Sheng dyeing and finishing Co., Ltd. (hereinafter referred to as the "Ming Sheng dye") old factory area 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 the price of reducing substances skyrocketing.

Reducing substances are important intermediates in the production of disperse dyes, so disperse dyes will continue to rise.

At the end of October last year, leading enterprises in Zhejiang, such as 600352.SH and 002440.SZ, all took the lead in raising the price of disperse deep blue products by 2000 yuan / ton.

Compared with other disperse dyes, reducing substances occupy the largest proportion in the production cost of disperse dark blue.

At the end of last year, the price of disperse dark blue dyes rose by 5000-10000 yuan per ton, or up to 12%~23%.

The black series, which accounts for about 50% of disperse dyes, is also rising.

In January 19th of this year, the main specifications of disperse dye blue series increased again by 5000 yuan / ton, and the price of disperse red series increased by 2000 yuan / ton.

At this point, disperse dyes have basically completed the target of overall price increase, of which the price of disperse dark blue dyes has risen more than 10000 yuan / ton, and the average price has been over 55 thousand yuan / ton at present, and the black series has been promoted by 5000 yuan / ton.

In addition to disperse dyes,

Another necessary reactive dye has also entered the rising market.

In the first half of 2014, the inspection of environmental protection in Jiangsu was becoming more and more stringent. The two main domestic acid manufacturers in Jiangsu, Ming Sheng and Jiangsu Ji Hua, were all shut down, resulting in a tight supply of acid Market and a sharp rise in prices.

H acid is the main raw material for producing reactive dyes, accounting for 30%-50% of the total cost.

Driven by cost, reactive dye prices began to rise at the end of last year.

In January 11th this year, another major reactive dye and intermediate enterprise in China, the dye company of Chu Yuan chemical group of Hubei Province, caused a leakage of boiler tubes, which caused a fire, which made the production chain of supply and demand more intense.

Chu Yuan Chemical Group produces 40 thousand tons of acid, 40 thousand tons of para ester and 50 thousand tons of reactive dyes annually. It is one of the largest dye intermediates and reactive dyes manufacturers in the world.

The near future,

Longsheng and run soil shares also increased activity

The price is up to 5000-8000 yuan / ton. At present, the price of reactive dyes has reached 30 thousand yuan / ton, which is 16% higher than that at the end of last year.

According to the Research Report of Anxin securities, the price increase of dyestuff products is mainly affected by the pressure of environmental protection, and SMEs will be phased out in this period.

Dye pollution in high polluting industries will continue to exist. Under this severe situation, the speed of future industry consolidation is expected to accelerate, and the price of dyes is expected to rise further.

The rising price of dyes has brought new challenges to printing and dyeing enterprises.

According to the statistics of China Textile Industry Federation, the profit of printing and dyeing enterprises dropped by about 6.5% in the first 11 months of last year, which was affected by dye inflation.

From the end of last year to this year, the price of dyestuff products has skyrocketed, and the profits of printing and dyeing enterprises will be depleted.

However, analysts pointed out that for a long time, the upstream dyeing enterprises of printing and dyeing industry concentrated their production capacity, while the downstream printing and dyeing enterprises scattered their production capacity, resulting in no bargaining power of downstream enterprises on the rising price of dyes.

With the coming of the "emission standards", the concentration of printing and dyeing enterprises is expected to increase, which is conducive to the balance between the upstream and downstream of printing and dyeing.