Supply tightening demand season, Disperse dyes prices will continue to increase
Dyes enters a new round of rising cycle. April 1, the dye manufacturers raised the scattered turquoise blue S-GL200% and scattered brilliant blue E-4R (2BLN) 100% offer, or 20,000 yuan / ton. After the scattered red 3B (60 #), scattered red FB (60 #) have been raised 10,000 yuan / ton, 20,000 yuan / ton, the rate of about 10%.
According to the Shanghai Securities News on April 5 news, since March, the price of disperse dyes continued to raise. March 5, Runtu shares (002440 announcement, quotes, comments, earnings) and so on the first part of its product price increase of 10-15%, scattered dye yellow brown, red jade, dark blue, black and other conventional varieties rose 2,000 yuan / Ton, while some large dye dealers have stopped to take large single. March 21, Zhejiang Longsheng announcement, scattered dye part of the product once again raised 3,000 yuan / ton, part of the active dye products raised 5,000 yuan / ton again.
Oriental Securities investment adviser Shenyang analysis said that this round of price rise from the main intermediates in the dye intermediates discontinued, leading to the rapid rise in the price of intermediate H acid, supply and demand imbalance, making the dye prices further upside factors.
In addition, every year from March to May and 8-10 months for the printing and dyeing season, the downstream polyester, cotton and other industries in the bulk of the product recovery stage, is expected to promote the dye demand boom reversal. Guangfa Securities (000776 announcement, quotes, comments, earnings) in the research report analysis, the downstream printing and dyeing links on the price of dye to enhance the cost of transmission capacity, dye prices have exceeded the upper hand of the high demand base.
The supply side by the environmental protection and industry consolidation and other factors also have a certain price constraints. Prior to this, Zhejiang Province, Hangzhou, printing and dyeing, chemical and other high-polluting industries carried out a key inspection and rectification. A shares in the Chuanhua shares, Zhejiang Longsheng, Ano its listed companies, involving disperse dyes related business.
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