Since September, many large export-oriented textile enterprises in India have been unable to guarantee normal delivery due to the epidemic, while European and American retailers have also transferred many orders originally produced in India to China in order to ensure that the supplies during the Thanksgiving and Christmas selling seasons are not affected.
China Business News reported that the recent textile orders have improved partly because it has reached the peak season for foreign trade.Despite the outbreak, the overseas consumer market is still functioning. As usual, the purchase of Thanksgiving and Christmas supplies has brought a large number of orders, and foreign customers in Europe and the United States will place orders in advance.
At the beginning of September, the news of rising prices of dyes in the market blots out the sky, disperse dye prices have been raised across the board.Take disperse black ECT300% dye as an example, the ex-factory price of the product has risen from 28 yuan/kg previously to 32 yuan/kg recently, up 14%.Prices have risen 36 per cent in the past two months.Tight supply is the main reason for the rise in dye prices
As an important raw material for disperse dyes, m-phenylenediamine supply is in urgent need.Previously, domestic m-phenylenediamine manufacturers mainly included Zhejiang Longsheng (65,000 tons/year), Sichuan Hongguang (15,000 tons/year), Jiangsu Tianyaiyi Chemical (17,000 tons/year) and other enterprises, among which Tianyaiyi suffered an explosion accident in March 2019 and completely withdrew from the m-phenylenediamine market.Sichuan Red Light was found to have 23 problems and hidden dangers in the process of law enforcement inspection, so it was taken to suspend production and suspend business on-site treatment measures, leaving Zhejiang Longsheng as the only domestic supplier of resorcin.Under the double stimulation of tight supply and performance growth demand, zhejiang Longsheng’s methylenediamine has begun to rise in price.
Post time: Oct-20-2020