The global textile dyeing sector is struggling to deal with sky high prices after tougher environmental legislation in China forced the closure of intermediate factories and severely restricted the supply of key ingredient chemicals.
Intermediates supplies seem likely to get very, very tight. Hopefully the buyers will realise dyeing factory will now have to pay more for their dyed textile goods.
In some instances, the price of disperse dyes are significantly higher than months ago which was historically known as the high price point for textile intermediates – yet today’s prices for some items are even said to be 70 per cent higher than they were back then.