Introduction
There are less than 20 days left in 2019. Many dyeing factories have posted holiday notices in early December. As the temperature drops, dye prices have also dropped to its lowest point in 2019.
On December 13, China and the United States reached an agreement on the text of the first phase of the economic and trade agreement.
Continue to wait and see or stock up on dye?
1. Price trends of disperse and reactive dyes in 2019:
Dispersed black ECT price from January to December 2019 Trend
Active Black WNN Price Trend from January to December 2019
2. Key events in the dye industry in 2019:
The 3·21″ particularly major explosion accident of Jiangsu Xiangshui Tianjiayi Chemical Co., Ltd. became the 2019 The key events in the dye industry in 2019 also became a turning point for dye prices in 2019. After the particularly major explosion on March 21, dye prices rose rapidly. The incident had a huge impact on the dye industry in 2019, and dye production companies in northern Jiangsu have not resumed production so far.
The decrease in textile orders caused by the Sino-US trade war has poured cold water on dye prices. After April, dye prices continued to fall. According to the latest dye price analysis in December, the price of conventional dyes has bottomed out.
On December 13, China and the United States reached an agreement on the text of the first phase of the economic and trade agreement. Does it give textile companies hope for 2020 again?
Attachment: Overview of dye company performance in the first three quarters of 2019:
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