G20 Summit Makes Dye Price Rise A Reality
The evening of July 31st announcement showed that Zhejiang's Longsheng based on recent domestic dye raw materials prices and dye supply and demand, and so on, the domestic dye prices have been appropriately raised. In August 1st, the price of some disperse dyes has been raised by 2000 to 5000 yuan / ton. Since July 29th, the price of live dyes has been raised by 2000 yuan / ton, and the proportion of sales of dyestuff products is 80%.
Zhejiang Longsheng said that since the beginning of this year, domestic environmental regulation has become tighter and tighter. Many dye and dye intermediates are shutting down production or substantially reducing production. On the one hand, the purchasing cost of dye raw materials has been greatly improved, and on the other hand, the supply and demand of dye products are tightening.
The company takes the time to track the trend of raw material prices and changes in supply and demand, and promptly completes the price adjustment work of products.
The increase in dye prices will have a positive impact on the overall performance of the company.
The price of dye is rising, so we have to mention the approaching G20 summit.
On September 4th -5, the G20 summit will be held in Hangzhou. Zhejiang is a major textile and dyeing Province in China. Among them, Shaoxing is most famous, and the local printing and dyeing industry nearly occupies 1/3 of the domestic scale.
Printing and dyeing as a major polluter, shutting down in advance during G20 has become an open secret.
As early as the first half of this year, more than 70 printing and dyeing enterprises were shut down due to environmental protection in the Keqiao area near Shaoxing, Hangzhou.
Now, with the advent of the G20 summit, it is not surprising that every major polluter in the industrial chain is shutting down.
It is understood that in order to ensure that
G20 Summit
During the period, when the ambient air quality is up to standard, the government will implement more stringent environmental protection measures for chemical enterprises in Hangzhou and surrounding areas (especially small and medium-sized enterprises). At present, the core areas, strict control zones and control zones have been demarcated by 50, 100 and 300km of summit venues.
The control of high pressure is being upgraded as the G20 summit is approaching.
The superposition of various factors has contributed to the rising price of the dye. "
Industry analysts pointed out that for the first time,
printing and dyeing
And dyestuff factories will stop production ahead of schedule; secondly, the downstream cloth and spinning enterprises have made preparations for the second half of the year ahead, and dye demand has moved forward; in addition, with the frequent occurrence of some safety and environmental incidents, the government is also more stringent in terms of environmental protection.
From the dyestuff industry, domestic disperse dyes have shown oligopoly.
Competition pattern
The total capacity of three enterprises in Zhejiang Longsheng, rilu stock and Zhejiang Jihua Group account for more than 70% of the total domestic capacity.
It is worth noting that the former two companies are in Shaoxing and the latter are in Hangzhou.
It can be said that the three companies are close to the summit of the G20 summit.
As a matter of fact, since August 1st, Jiangsu, the next province and city, has launched "help". The 45 textile printing and dyeing enterprises are expected to adjust the peak load in turn in 4 groups for 41 days.
Prior to that, the printing and dyeing enterprises around Hangzhou have welcomed the most stringent environmental remediation in the history. Shaoxing Meijia thermoelectricity, a printing and dyeing Town, has also been informed that it will stop heating from August 23rd to September 7th. At that time, the printing and dyeing enterprises in Shaoxing may face up to half a month's stop steam situation.
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