A New Round Of Rising Prices Of Raw Materials Is More Than Expected, Seriously Squeezing Profit Margins Of Textile Enterprises.

Since the beginning of March this year, with the sound of Jiangsu chemical plant and the rising tide of chemical products such as dyestuffs, the textile enterprises have not been spared.

The contraction of the supply of two benzyl amine increases the price of disperse dyes. In the past week, the dye rose from 40 thousand yuan / ton to 100 thousand yuan / ton. In addition to the crazy rise of dyes, the cost of dyeing and raw materials for textile production is also rising.

It is understood that in just a week, the price of pure MDI of spandex raw material increased by 4.44%, and the dyeing factory issued a notice of price rise. For textile bosses, the price increase of this raw material exceeded expectations, which has seriously squeezed the profit margins of enterprises.

Last week, MDI products rose 9.89%, leading the entire chemical industry.

With the arrival of the traditional peak season in March, demand for chemical products in peak season has gradually started.

Recently, the price increase of MDI products is most intense.

Recent trend of pure MDI

The "ferocious" rally has benefited from the fact that factories do not play cards by common sense. Shanghai Huntsman announced the listing price in April to 16200 yuan / ton in advance, a broad increase of 1000 yuan / ton, and a narrow increase in guidance price of the company.

Recently, Wanhua chemical company (600309), the leading industry in China's chemical industry, announced price adjustment on Wednesday night. The announcement said that since April 2019, the aggregated MDI distribution market in China has been priced at 17800 yuan / ton (2600 yuan / ton higher than the March price), the selling price of the direct selling market is 18300 yuan / ton (up to 2800 yuan / ton than the March price), and the pure MDI listing price is 26200 yuan / ton (up to 1500 yuan / ton than March price).

As we all know, the main raw materials of spandex are PTMEG and pure MDI, and the cost of pure MDI accounts for about 21%.

The "3.21" explosion accident left us with a lingering fear. At this time, the price of a variety of raw materials rose sharply, and some of the raw material prices even doubled.

Jiangsu Tian Jiayi chemical industry has two tons of benzene amine (dye intermediate) capacity of 10 thousand tons, and is the second largest core production plant after Zhejiang Longsheng.

The explosion will affect the market capacity of benzene amine two, which is about 25%, which will directly lead to shortage of supply and price increase.

Due to the explosion factory located in Northern Jiangsu, it will directly lead to the delay of the resumption of dye and intermediate factories in Northern Jiangsu, and the nearby industrial park enterprises will also be affected, so that the price of disperse and reactive dyes will be affected.

For example, the price of yellow dye has been rising, it is expected to usher in a continuous rise, anthraquinone production enterprises disperse blue 60#, 56#, red 60# will also rise.

The head of a large dye enterprise in Zhejiang said, "the explosion happened at 2:48 p.m., about 1 p.m., and our company also pulled a load of goods (dozens of tons) from the Tian Jiayi chemical plant, when the purchase price was 37 thousand yuan / ton.

After the accident, manufacturers of benzene two amine manufacturers stopped offering quotas.

Over the past two days, the market price of benzene two amine has reached 8-9 yuan / ton in the market.

Another industry insider said that the market price of phthalamine two has risen to more than 100 thousand.

As of March 26th, the price of disperse dyes has risen two times. It is estimated that by April 10th, the black will rise to 60 thousand yuan / ton.

According to the notice of dyeing and finishing, the number of woven fabrics and printing has been raised since March 25, 2019.

Hangzhou Tianyu printing and dyeing said that the price of dyestuffs and dyestuff dyes has been greatly adjusted since March 24th. The weaving products have been raised by 0.15 yuan / m, and the total polyester knitted fabrics have been raised by 300 yuan / ton.

A dye dealer in Shaoxing, Zhejiang said, "these two day dyestuff markets are all in disorder, and the price increase is positive.

Take scattered black ETC300% as an example, the market quotations of distributors are different, all prices are 40 yuan, 50 yuan, and 60 yuan.

Now the dealer's quotation is mainly at that time.

Because of the "3. 21" explosion accident in Jiangsu, many central enterprises have stopped production urgently, and the result of the shutdown is the shortage of raw materials. In order to cater to the market demand, some raw materials are rising in the short term.

Every change in the textile industry may lead to the butterfly effect, especially for dyeing and finishing industry, which is an important part of textile value-added.

The peak time of printing and dyeing enterprises is relatively concentrated, basically concentrated in the first half of the year, printing and dyeing factories also have the gold three silver four argument.

Since the beginning of this year, printing and dyeing enterprises in some areas are facing relocation or upgrading. When the time limit for delivery is extended, the fermentation of emergencies will result in the overall upgrading of dyeing fees, which may lead to the downstream orders being issued ahead of schedule, resulting in the price fluctuation of downstream fabric trade.

From the beginning of this year, we can see that the rising channel has never changed.

There is enterprise feedback: the raw materials in the early stage are not too large, so even if the upstream price increases and the price of finished products has not risen, the increase of raw materials is the digestion of the finished products manufacturers. But now it is no good. Sudden factors such as dyeing and other raw material prices are going up every day, and other costs are also rising.

Because of the increase of raw materials, the cost of finished products has increased by more than 5%. At present, a lot of grey fabrics produced by many water jet weaving enterprises that move to Anhui and Northern Jiangsu are attacking the whole market.