Disperse black ECT 300% may rise to 30yuan/kg due to soaring intermediates

Despite market uncertainties such as the coronavirus pandemic, orders of printing and dyeing mills were still relatively strong, and the demand for dyes was further increasing. From the dyestuff giant and the major production suppliers’ quotation, disperse dyes will continue to rise.

Stocks are limited and the demand for subsequent stock increases greatly
Printing and dyeing mills saw low inventory. Because of the continuous low price operation, they held a wait-and-see stance. With coming stock season, dye mills’ shipment rapidly increased! At present, the price of dyestuff is low, and the rising potential of dyestuff continues to increase. Coupled with the low inventory of Longsheng, Runtu and other dye giants, and some varieties have been out of stock, it is bound to usher in a wave of rise.

Prices of dye intermediates rise
According to the report from Qicaiyun, affected by the rise of basic chemical raw materials and other factors, the price of dye intermediates continued to rise, and the price of core intermediates was as follows.

Disperse dyes may rise
Disperse black ECT300% is expected to move up to 30yuan/kg, and other conventional full range disperse dyes will also rise.