Xiangshui Explosion Shock Wave: Many Disperse Dye Enterprises Stop Receiving Orders, Prices Rise

Disperse dye prices have been pushed up again!

Jiangsu Tian Jiayi Chemical Co., Ltd., which had a particularly significant explosion in March 21st, has two tons of benzene amine (dye intermediate) capacity of 17 thousand tons / year. It is the second largest core production plant in the industry. The explosion caused the shortage of benzene and two amine and the price increase.

Raw material supply shrinkage

China's inter benzene two amine production capacity of about 99 thousand tons / year, respectively, Zhejiang Annan Aromatic Chemicals Co., Ltd. 65 thousand tons / year, Sichuan Hongguang Special Chemical Co., Ltd. 17 thousand tons / year, Jiangsu Tian Jiayi Chemical Co., Ltd. 17 thousand tons / year.

The explosion will affect the market capacity of about two of the benzyl amine, which will directly lead to the price rise of the interphenyl two amine and the market of disperse dyes in the lower reaches of the market will also rise in the 20%.

According to Jun Fang, Minister of information department, on the day of the accident, a number of disperse dye enterprises and intermediates have stopped taking orders. In the past two days, the actual price of disperse dyes has increased. In the seven color cloud business and many dyed WeChat groups, the demand for disperse dyes has increased significantly.

At present, the factory price of benzene two amine has risen from 47 thousand yuan / ton to 100 thousand yuan / ton, and the price is not known.

In addition, the price of disperse dyes also began to rise in March 24th. Taking scattered blue 56# and red 60# as an example, zhuochuang information data show that the current price of disperse blue 56# in Jiangsu is 170~210 yuan / kg, and the price of red 60# is 57~62 yuan / kg, while the quotations for early March are 165~200 yuan / kg and 56~60 yuan / kg respectively.

Many factors push up

Da Limin, vice president of the China Dyestuff Industry Association, said that the price rise of disperse dyes is related to factors such as low inventory and low capacity in the downstream enterprises.

"In March, printing and dyeing enterprises were not prosperous in the peak season, and the prices of disperse dyes were bearish. The level of disperse dyes in printing and dyeing enterprises and dealers was lower than that in the same period last year.

After the explosion, the market was generally bullish on disperse dyes. Under the psychological influence of buying or selling, the buyer's orders increased sharply, driving the price of disperse dyes to rise.

Jun Fang analysis.

In addition, the reduction of disperse dye production capacity is also an important reason.

It is understood that North Jiangsu area has about 150 thousand tons / year of disperse dye production capacity, affected by environmental regulation and other factors in 2018, the production of enterprises has been limited.

The enterprises that have recently planned to resume production have also become remote in the wake of the explosion. Even if individual enterprises return to work, the output will be greatly reduced.

Market will remain high

In the later stage, the market of disperse dyes will remain high.

In terms of raw materials supply, after the explosion of Tian Jia Yi, the supply structure and actual production capacity of benzene amine two will undergo significant changes. It is estimated that the theoretical capacity of benzene two amine will be reduced from 99 thousand tons to 70 thousand tons in 2019 years.

Consumption, with the increase of dye production capacity, it is estimated that consumption of benzene two amine will exceed 80 thousand tons in 2019 years.

"On the whole, the supply of benzene and two amine will continue to be short supply, and prices will probably continue to rise. But the specific increase depends on how Zhejiang's Longsheng and Sichuan red light are priced.

Rising raw material prices will bring cost support to the disperse dye market. "

Tian Liming analyzed.

In addition, under the influence of the explosion, the chemical industry of nitrification process and hydrogenation reduction process will be subject to key verification, resulting in more supply of dyes and intermediates and higher prices.

It is reported that Jiangsu Yancheng City Xiangshui eco chemical park's dye related enterprises such as Jiangsu anothem Chemical Co., Ltd., Jiangsu Zhijiang chemical company and so on, are currently in a state of shutdown.

Affected by this effect, the yellow yellow dye is expected to continue to rise after a continuous rise in price. Disperse blue 60#, 56# and red 60# will also usher in a continuous rise, thus driving up other dye products together.