Price Increase In Traditional Printing And Dyeing Season Or Environmental Protection Theme.
The conventional price of disperse dyes has increased by 3000 yuan / ton. After the price increase, the price of the product reached 31 thousand yuan / ton.
This is the fifth increase since March.
Analysts pointed out that environmental factors such as environmental factors caused the supply side contraction expectation, while the traditional printing and dyeing season is also an important reason for the price rise.
Dye price
In the "floor price" rebound, limited production and the 3-5 months of the printing and dyeing peak season and other multiple factors, it is expected to promote dye demand boom.
The price of disperse dyes has been rising continuously since March.
In March 5th, Jindu shares first raised some of its products by 10%-15%, and disperse dyes such as yellow brown, red jade, dark blue and black rose by 2000 yuan / ton.
Subsequently, Zhejiang Longsheng also announced a price increase.
However, despite rising dye prices, there is still a long way to go before the peak.
Downstream in 2015
Spin
Printing and dyeing market downturn, the price of disperse dyes and reactive dyes has been greatly reduced, and the performance of listed companies has generally declined.
Among the listed companies in the dye industry, 10.010,0.25,2.56% and its shares were released in the first quarter, all of which were pre cut.
Intercontinental shares are expected to achieve net profit of 50 million -7000 yuan in the first quarter, down by 79%-85% compared with the same period last year. Ananthem expects net profit of 24 million 770 thousand yuan -2858 yuan in the first quarter, down 25%-35% compared with the same period last year.
Two the company said that the price of major products dyestuffs dropped sharply compared with the same period last year, resulting in a sharp decrease in profit margins and gross margins.
The recent M & A action in the dye industry is a cause for concern.
Zhejiang
Long Sheng April 7th evening announcement that it intends to participate in the subscription of the shares of the shares of the state of Asia, and may become the controlling shareholder of the group after the completion of the paction. At the same time, the company borrows 3 billion -35 billion yuan from the group by way of entrusted loans.
The Asia group group is the controlling shareholder of the group, holding a shareholding ratio of 28.84%.
However, Zhejiang Longsheng said that the signing of the memorandum of cooperation is not mandatory.
If the paction proceeds smoothly, it will have an important impact on the company.
The company and the Asia stock company will further cooperate and complement each other in the future, and will actively resolve the problem of competition in the same industry.
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It is understood that the company is specialized in R & D, production, marketing and related technical services of textile dyestuffs and dyestuff intermediates, and its products are mainly used in high-grade textile fabrics and dyed fabrics with special dyeing needs.
The company's main products are anthraquinone disperse dyes, vat dyes and dye intermediates, and has more than 200 varieties of dyestuff products.
The industry believes that the tension of capital chain is an important reason why the group wants to give up control of the shares.
Brokerage analysts pointed out that once the merger is successful, Longsheng will expand the dye subdivision category and consolidate the leading position in the industry.
At present, the main disperse dyes in Zhejiang Longsheng are azo type, with high yield and complete chromatogram, but the price is low.
The company has been hoping to enter the high-end segment.
The main products of the group are anthraquinone dyes, with a capacity of about 35 thousand tons. Compared with azo dyes, the products are characterized by high quality, high technology content, long production cycle and high price, and have a high technical threshold.
In addition, the main products scattered in Asia have also entered the price raising channel, raising the price by 10 thousand -2 yuan / ton.
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