Disperse Black ECT 300% Is About To Rise, And The State Of Asia Has Lost 195 Million Yuan, And The Eight Subsidiary Has Not Yet Resumed Production.

Disperse black ECT 300% or restart the price increase! It is learnt that when the entire textile printing and dyeing enterprises are recruiting troops, the price of dye will be raised again when the hot start starts.

According to authoritative sources, the dye company has been postponed because of the outbreak of the epidemic. There was a backlog of export orders a year ago. The subsequent domestic demand will continue to enlarge. With the shortage of stocks, the potential energy of the industry cycle needs to be released, prompting the current dye price to rise.

Scattered black ECT 300% currently priced at 30 yuan /KG

The latest price increase is December 31st.

According to industry professionals, the reason for the rise in prices in December 31, 2019 was more from the close procurement at the end of the year, which promoted the price of dyes. Because at the end of each year, it is the dye and gold season for printing and dyeing factories.

For dyestuff manufacturers, because of environmental protection from high pressure. Long term parking in several factories has led to a significant decline in the effective capacity of the disperse dye industry, which in turn has led to a decline in overall industrial output.

The last price increase in December 31, 2019

Dispersed black ECT300% rose to 30 yuan /KG

Other conventional full range disperse dyes increased by 20%

The disperse blue 56# blue blue E-4R100% (2BLN) is adjusted to 120 yuan.

Red 60# disperse red FB200% adjusted to 130 yuan.

The price of red E-4B (3B) is adjusted to 55 yuan.

At present, the capacity of dyestuff producers is still limited.

Inventory is too small.

Shortage of stock in printing and dyeing mill

As a printing and dyeing mill, the inventory rate is at a relatively low level.

With the arrival of the major printing and dyeing factories in the spring season and the arrival of the dye dealers' stocking season, the volume of dye production is bound to be heavy during this time. And because of the reasons for the environmental shutdown and the expected shipments, the dye price increase will be an inevitable trend. Dye giant shipping has been on the "demand first, first come, first served" policy, and the housework must be ready for the purchase. News, 60# blue merchandise dispersed turquoise blue S-GL200%1000 yuan kilograms. Specific products can be detailed for Longsheng, Ru Tu, Ji Hua and other related business managers!

In 2019, 195 million yuan for the dye in Asia.

Eight subsidiaries have not yet resumed production.

Under pressure

According to related reports, the Jiangsu Asia state dye released the 2019 annual performance loss announcement, and in 2019, the 195 million yuan of dyestuff dyes in Asia.

1, the net profit attributable to shareholders of listed companies is estimated to be around 185 million yuan, which is negative compared with the same period last year.

2, the main reasons that affect the company's performance: first, the company's 8 subsidiaries and branches have been discontinued from the government departments for safety and environmental protection since April 2018. Up to now, no company has resumed production as planned. The above factors caused the company's current operating rate seriously inadequate, sales revenue declined, and the cost of discontinued production increased significantly, resulting in a sharp decline in the company's efficiency in 2019. Two, according to the results of the impairment test on assets related to goodwill at the end of the company, the estimated impairment loss of goodwill assets is about 72 million yuan, and the specific data can be confirmed by the accreditation of audit institutions and evaluation institutions.

3, after deducting non recurring gains and losses, the net profit attributable to shareholders of listed companies is estimated to be around 195 million yuan.

Original announcement

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