1. Dye market review last week
Figure 1 Disperse dyes Market Price Trend
The market price of disperse dyes in East China last week consolidated, and the average price of disperse black ECT 300% last week was the same as last week. Last week, the trading atmosphere in the disperse dye market was light. Most downstream printing and dyeing factories just needed to get goods. Traders were cautiously waiting and watching. Dyestuff transactions were sparse and prices were mainly in a stalemate.
Figure 2 Market price trend of reactive dyes
The market prices of reactive dyes in East China were stable last week, with prices rising The weekly average price of active black WNN 200% was the same as last week. Last week, the trading pace of the reactive dye market was slow, and downstream printing and dyeing factories and traders were not very enthusiastic about making inquiries, so they negotiated flexibly for actual orders.
2. Market outlook forecast analysis
Supply and demand: At present, environmental protection and safety supervision in East China continue to carry out environmental protection Due to the inspection work, the production of some factories has been affected to a certain extent. The approval and acceptance of the production resumption of Jihua H acid project has been completed. It has not been restarted yet, and the supply may continue to be stable. Near the end of August 2020, end-use consumption is not expected to improve. The start-up of downstream printing and dyeing plants may remain at a low level. The demand for purchased dyes is still mainly rigid, and the demand for dyes is expected to continue to be weak.
Cost: Recent transactions in the domestic market for major dye intermediates have been relatively tepid. Since downstream dye factories mostly purchase raw materials based on rigid demand, raw material prices are unlikely to be favorable. Zhuochuang expects that the cost end may be Smooth operation.
Expectation: Recently, the trading atmosphere in the dye market has been deserted. Although the start-up of downstream printing and dyeing plants has increased slightly, the purchase of dyes remains rigid and has not yet boosted the market atmosphere. Traders mostly follow the market trend. , it is expected that the market price of dyes will remain stable</p
