The Price Of Dyestuff Will Continue To Decline. The Best Time To Store Up The Dyestuff Will Be Opened.

Dye prices go trough

The best trading window will open.

This week, the market for disperse dyes in the East China market is weakening. This week, the average price of dispersed black ECT300% was below 33 yuan / kg, down 4.31% from last week's average price. This week, the disperse dye market maintained a weak stalemate, due to last week's market pullback, the average price this week still recorded a higher decline than last week.

At the present stage, the downstream demand is off season, the printing and dyeing start down and terminal demand performance have not improved. The dyestuff market is hard to find better support on the demand side, and the short-term market participants are mainly shipped on the market, and the single transaction remains low.

The active dye market in East China is running weak this week. The average price of reactive black WNN 200% is below 32 yuan / kg this week, which is 2.54% lower than the average price last week. At the present stage, the demand for reactive dyes has begun to decline, and the price of real single products has gradually declined. The shipper maintained the accompanying shipments. The focus of the negotiations was close to the low level of bargaining.

Post market forecast analysis

Supply and demand: in March 21st, after the accident of chemical industry enterprise in Jiangsu Xiangshui eco chemical park, the dyestuff and intermediate enterprises in the park began to stop production. At the same time, affected by the accident, the safety supervision and environmental protection in all parts of Jiangsu were strengthened. The production of dyestuff related production enterprises around the park also declined, and the overall supply capacity of the dyestuff industry weakened.

With the slowdown of China and international market economy, the performance of terminal consumer demand is poor, and the textile industry as a whole appears weak. Printing and dyeing and upstream dyestuff demand is hard to support.

Cost: the market prices of major dyestuff intermediates are stable in the near future, and the price increase of some dye intermediates, such as two phenyl amine and p-aminomethyl ether, will result in a small increase in the overall production cost of the reactive dyestuff industry.

Expected: in the short term, the supply and demand pattern of the domestic dyestuff market has weakened in the middle of the year, and the decrease in downstream demand has resulted in an increase in inventory pressure for dyestuff factories and traders. The pressure of production and marketing has led to the improvement of shipper's shipments intention, and further reduced the impact of accidents in the first half of the year on industry supply. Market sentiment is weak and transaction performance is weak. It is expected that the short term dyestuff market will continue to run weak.