After the Spring Festival, the printing and dyeing industry ushered in the first price increase in six months. The price of mainstream disperse dyes rose by 3000 yuan/ton to 26,000 yuan/ton. In addition, at the same time as the price of dyes, printing and dyeing costs have increased simultaneously. Fujian printing and dyeing industry since February 7 unified price increases, 30 yards below 3,000 yuan, 30 yards above 2,000 yuan.

With the post-holiday textile, printing and dyeing fields ushered in the peak season of demand, dye prices continue to increase prices, from the price point of view over the past year, the second quarter of the dye price increase is universal. The demand in the downstream textile field is expected to maintain stable growth, and the printing and dyeing season is from March to May and from August to October every year. At the same time, affected by the recovery of overseas demand, the depreciation of the renminbi and other factors, the growth rate of textile and garment exports is expected to increase.

In terms of supply, the pollution pressure of the dye production process is large, and the waste includes inorganic acid, organic highly toxic substances, harmful gases, etc., and the three waste problems are prominent. Since 2016, a number of environmental protection laws have been introduced, and environmental supervision has significantly increased. The future tightening of environmental protection will be a long-term trend, and further promote the elimination of backward production capacity in the industry. In recent years, the state has issued a number of guidelines such as dye industry planning, textile printing and dyeing industry water pollution discharge standards, and strictly control the emission of printing and dyeing pollutants, and the industry capacity has contracted. At present, the industry pattern is highly concentrated, the disperse dye market is controlled by four leading enterprises, and reactive dyes are relatively dispersed. Leading enterprises improve environmental protection measures, is expected to benefit from the supply of concentrated industries. At the same time, the leader has mastered the key technology patents of disperse dyes, and has a strong voice and pricing ability.

Benefiting industry leading stocks:

Zhejiang Longsheng: The company is mainly engaged in inorganic chemical products such as dyes, intermediates, water reducing agents, soda ash and synthetic ammonia, as well as real estate and automotive stamping parts business. The company's main products include disperse dyes, reactive dyes, intermediates. The dye production capacity is 210,000 tons.

Runtu Shares: The company is mainly engaged in the research and development, production and sales of textile dyes, printing and dyeing auxiliaries and chemical raw materials. Textile dyes include disperse dyes, reactive dyes, cationic dyes, direct blended dyes, VAT dyes, sulfide dyes and other six categories, printing and dyeing additives including insurance powder and textile dye additives, chemical raw materials including sulfuric acid, sodium sulfite and other products. The dye production capacity is 150,000 tons.

Anoqi: The company is engaged in the research and development, production, sales and related technical services of new textile dyes. At present, the company has disperse dyes, reactive dyes, acid dyes, wool reactive dyes, additives, high-fastness dyes for nylon dyeing. The dye production capacity is 54,300 tons.