1. This week’s dye market review
Figure 1 Market price trend of disperse dyes
The disperse dye market in East China continued to be stable this week. The recent trend in the disperse dye market has been stagnant. Short-term suppliers have some intention to raise prices, but it is difficult to implement actual orders. Recently, dyeing factories have mainly maintained rigid purchases. The market trading atmosphere has been average and there are few short-term price fluctuations.
Figure 2 Reactive dye market price trends
East China reactive this week The dye market continues to operate at a stalemate. At this stage, the domestic reactive dye market’s rigid demand performance is acceptable. Dyeing factories maintain good demand performance supported by high operating capacity. However, the follow-up intention of terminal market orders in the future is weak. The demand for reactive dyes in the fourth quarter is not optimistic. The overall market price remains stalemate. run.
2. Market outlook forecast analysis
Supply and demand: since March 21 After the accident at the chemical company in Jiangsu Xiangshui Ecological Chemical Park, the dye and intermediate companies in the park began to suspend production. At the same time, affected by the accident, safety supervision and environmental protection efforts in various parts of Jiangsu were strengthened, and the start-up of dye-related production companies in surrounding parks also declined. The dye industry Overall supply capacity weakens. At present, environmental protection and safety supervision in East China have been strengthened, and the production conditions of some factories have been affected to a certain extent. Affected by the slowdown in global market economic growth, the performance of domestic and foreign trade demand in the end market is difficult to say optimistically. The textile industry as a whole showed weakness in 2019, and it is difficult to find substantial positive support for printing, dyeing and upstream dye demand in the long term.
Cost: Recently, the market prices of major domestic dye intermediates have been stable. Affected by the accident, the prices of some dye intermediates such as m-phenylenediamine and p-aminoanisole increased in the first half of the year. It will lead to a slight increase in the overall production costs of the disperse and reactive dye industries.
Expectation: The dye market is still in the peak demand season at this stage, but there are obstacles to the implementation of factory price increases, and actual order transaction prices have rebounded. The amplitude is small, and the main focus of negotiations continues to be deadlocked. It is expected that the short-term market will continue to be weak and volatile. </p
