Dyestuff Enters A New Round Of Rising Cycle

Dyestuffs enter a new round of rising cycle.

In April 1st,

Manufacturers have raised the price of disperse turquoise blue S-GL200% and disperse blue E-4R (2BLN) 100%, or 20000 yuan / ton.

Previously dispersed red 3B (60#) and disperse red FB (60#) had been raised by 10000 yuan / ton, 20000 yuan / ton respectively, with an amplitude of about 10%.

On April 5th, the price of disperse dyes has been rising continuously since March.

In March 5th, Jindu shares (002440) took the lead in raising some of its products by 10-15%. Disperse dyes such as yellow brown, red jade, deep blue, black and other conventional varieties rose by 2000 yuan / ton, while some large dye dealers have stopped receiving large orders.

In March 21st, Zhejiang Longsheng announced that some products of disperse dyes were raised by 3000 yuan / ton again, and some products of reactive dyes were raised by 5000 yuan / ton again.

Investment consultant Shenyang analysis said that the price hike came from the main producers of dyes upstream intermediates, which resulted in the rapid rise in the prices of intermediates, and the imbalance between supply and demand.

In addition, the 3-5 and 8-10 months of the year are the peak season for printing and dyeing.

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And other industries are in the recovery stage of bulk commodities, which is expected to promote the reversal of dye demand.

GF Securities in research report analysis, downstream printing and dyeing links to dye prices rising cost conduction capacity, dye prices have exceeded the demand for higher base.

The supply side is also constrained by factors such as environmental protection and industry consolidation.

Prior to that, Zhejiang province carried out key inspection and rectification of the polluting industries such as printing and dyeing, chemical industry and other industries around Hangzhou.

A shares, including Zhejiang, Longsheng and anuoqi, are listed companies involved in disperse dyes.