Demand For The Downstream Products Will Pick Up In The Four Quarter. Dye Prices And Demand Are Expected To Rebound.

Compared with last October, the price of dye intermediates benzene and toluene dropped by more than 40% in August this year. After October, the price rebounded by about 10%, and we expect that the cost of dye is not much lower. The textile price index of the lower reaches of Keqiao has been warmer since August this year. The index has risen by 1.3 points. We expect the demand and price of dyes to rebound in the fourth quarter with the demand for dyes downstream.

According to the General Administration of customs, China dyestuff Export prices fell for two consecutive months. In September, the average export price of synthetic organic dyes in China was 5587 US dollars / ton, a decrease of 17% compared with the same period, down 21% from the same period last year. Anso its main decentralized and reactive dyestuffs were dragged down by the decline in dye prices, and three quarterly earnings fell in line with expectations.

Anoit currently has 36 thousand tons of disperse dye capacity, will gradually release capacity according to market conditions, achieve production by stages, and produce 8500 tons of reactive dyes. According to the company's planning, production capacity will be increased to 20 thousand tons. It has a high market share in differentiated disperse dyes such as disperse dyes, high water washing dyes, low temperature reactive dyes and reactive dyestuffs.

At present, the development of differentiated products relies mainly on new models. Fabric With the development of different types and functions of international brands, the development capacity and business of large and medium-sized printing and dyeing enterprises are also increasing. The market acceptance and customer demand increase, and the market space of the differentiated dye varieties will continue to improve.

Anuoqi and China printing and dyeing Association invested wholly-owned subsidiary Beijing trillion Lun dyeing and finishing Consulting Co., Ltd., China's dyestuff industry association's investment holding subsidiary Beijing Hua dyed trade limited liability company, Yixing Lok Qi Textile Group Co., Ltd., Shaoxing BELLE wholly-owned subsidiary Shaoxing Keqiao Xindu printing and dyeing Co., Ltd., Shishi Xianghua group jointly set up "Shanghai seven color cloud Agel Ecommerce Ltd". With the promotion of the Internet + industry, the trade associations and several large printing and dyeing factories are becoming shareholders. Electronic business platform The development provides broad room for growth.

Anoit's investment 500 million builds an annual output of 30 thousand tons fine chemical intermediate project in the north ditch industrial gathering area of Penglai, which is the only professional chemical park approved by the environmental protection department in Jiaodong peninsula. The project is expected to be put into operation in the second half of 2015, with a total annual revenue of 1 billion. With the increase of market demand for high imitation cotton and mixed imitation fabrics, the consumption of dye intermediates has increased significantly, and prices are expected to continue to rise. With the Yantai intermediate project put into operation, the company's dye industry integration layout tends to be perfect, while enhancing profitability, it also increases the risk resistance capability.