The average price of H acid, a raw material for dyes, increased by more than 30% in a single day, and the industry began a new cycle of price increases. According to Baichuan Yingfu data, the average price in the H acid industry, the key raw material for reactive dyes, rose 31.15% from 61,000 yuan/ton to 80,000 yuan/ton on July 28. On the same day, the factory price of Dachaidan Hexin Technology Co., Ltd., the leading manufacturer of H acid, was raised to 100,000 yuan/ton, an increase of 64% in a single day, up nearly 150% from the price of 40,000 yuan/ton at the beginning of the year, hitting an all-time high. Reactive dyes and disperse dyes are the two core categories in the dye industry, and each corresponds to different key intermediates. As a key intermediate for active dyes, H acid production involves high-risk processes such as sulfonation, and is accompanied by extensive waste acid treatment. Environmental protection and safety supervision thresholds are extremely high, and poor production capacity in small and medium-sized enterprises has continued to decline in recent years. According to the investor relations activity records disclosed by dye leader Leap Tu Co., Ltd., the effective production capacity of H acid in China is currently less than 60,000 tons, and there is a supply gap of more than 10%.

The average price of H acid, a raw material for dyes, increased by more than 30% in a single day, and the industry began a new cycle of price increases. According to Baichuan Yingfu data, the average price in the H acid industry, the key raw material for reactive dyes, rose 31.15% from 61,000 yuan/ton to 80,000 yuan/ton on July 28. On the same day, the factory price of Dachaidan Hexin Technology Co., Ltd., the leading manufacturer of H acid, was raised to 100,000 yuan/ton, an increase of 64% in a single day, up nearly 150% from the price of 40,000 yuan/ton at the beginning of the year, hitting an all-time high. Reactive dyes and disperse dyes are the two core categories in the dye industry, and each corresponds to different key intermediates. As a key intermediate for active dyes, H acid production involves high-risk processes such as sulfonation, and is accompanied by extensive waste acid treatment. Environmental protection and safety supervision thresholds are extremely high, and poor production capacity in small and medium-sized enterprises has continued to decline in recent years. According to the investor relations activity records disclosed by dye leader Leap Tu Co., Ltd., the effective production capacity of H acid in China is currently less than 60,000 tons, and there is a supply gap of more than 10%.