Environmental Protection Storm Hits

- May 21, 2018-

Environmental protection storm hits

      Recently, the environmental protection of the dye industry has continued to tighten, and related listed companies have successively announced the suspension of production of subsidiaries, reviving the market's enthusiasm for the layout of the dye industry. According to the statistics of the roots, the cumulative increase in the dye index reached 9.56% in the last 7 trading days, showing a strong upward trend. According to industry sources, the prices of currently dispersed and reactive dyes have increased by 96% and 13% respectively year-on-year. It is expected that the environmental protection tightening in the future will continue to promote the price rise of dye intermediates and dyes, and the dye industry leading companies whose production capacity is unaffected or less affected will benefit.

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