The supply of disperse dye intermediates remains tight, and the industry expects that a new round of replenishment will be launched next month

The supply of disperse dye intermediates remains tight, and the industry expects that a new round of replenishment will be launched next month. On April 20, Dazhi asdak news agency reported that Dazhi News Agency (wechat dzh_news) learned from the Shanghai dye exhibition held a few days ago that affected by the tight supply of upstream intermediate reductants, blue and black series, which account for a large proportion of disperse dyes, are gradually raising their prices by product, of which the price of disperse blue series has increased by about 5000-10000 yuan / ton, The price of disperse black increased by 5000 yuan / ton. However, as the price is already at a high level and there are still some doubts about the future market, dealers are still mainly consuming early-stage stocks. According to industry insiders, the next round of large-scale replenishment of dyes may be launched in late May.

"at present, the supply of reducers is very tight, which is also the reason why the prices of disperse dyes, especially disperse blue series, have increased significantly. Take disperse turquoise blue as an example. The current quotation is close to 200000 yuan / ton, but only about 60000 yuan / ton in the same period last year." A relevant person of Runtu shares (002440. SZ) said.

"however, although the manufacturer has raised the price, it does not mean much at the current stage. The main reason is that dealers still mainly consume low-cost inventory in the early stage. Although some people take the goods in the factory, few of them." "So the next thing is to see when they can use up the inventory on hand," said the above industry insider

Insiders of Zhejiang Longsheng (600352. SH) confirmed the above statement and explained that under the current high dye price, dealers will take goods cautiously due to financial pressure and risk considerations. He also said that at present, most of the dye stocks in the hands of dealers were taken in December last year and January this year. If a normal peak demand season can be maintained in May and June this year, it is expected that these stocks will be almost consumed in the late May. At that time, the market is expected to start a new round of replenishment.

"dealers can't start to replenish their inventory until they have used it. In the later stage, they may just take some high-priced dyes when they have a list, and keep the inventory first." The insider of the above-mentioned Runtu shares said. Speaking of the downstream demand, he said that compared with last year, the downstream dyeing Market of dyes this year is better. Among them, the dyeing factories in Shaoxing are the busiest, followed by Jiangsu, while the situation in Ningbo, Hebei, Tianjin, Shandong and other places, which are mainly export-oriented, is slightly worse.