February 10th News — On February 9th, Fluorescent announced an increase in the prices of several disperse dye products, continuing the recent upward price trend in the industry. The company stated that this price adjustment is primarily aimed at addressing the rising global raw material costs and effectively passing on upstream pressure, with product prices currently maintaining a steady upward trajectory. Industry analysis indicates that this round of price increases is mainly cost-driven, with the rising price of the key intermediate, vatting agent, serving as a core driving factor.
Chempricehub's analysis of dyes, Bull-Bear Score: 1
Fluorescent announced an increase in disperse dye product prices, continuing the industry's upward price trend, primarily driven by rising global raw material costs and the climbing price of the key intermediate, vatting agent. This has led to a steady rise in spot prices for dyes, reflecting cost-driven favorable factors. It is expected that the spot market will experience tight supply and demand in the short term, with prices likely to continue rising moderately.
Vatting agent, Bull-Bear Score: 1
As a key intermediate in dye production, the rising price of vatting agent has become a core driving factor, stemming from increased upstream raw material cost pressures. This is favorable for the spot market of vatting agents, as rising demand and cost transmission may support continued price increases. In the short term, spot supply is expected to remain tight, benefiting its price trend.