2 1 Shi Ji Jing Ji Bao Dao·2025-12-19 07:03Core Viewpoint - The antioxidant industry in China is experiencing a collective price increase among leading companies, with a general adjustment of around 10% across various products, aimed at profit regulation amidst strong demand and competitive pressures [1][2]. Group 1: Price Adjustments - Dingjide (603255.SH) announced a price increase of approximately 10% for all its antioxidant products effective immediately [1]. - Other leading companies, including Lianlong (300596.SZ), Suqian Liansheng (603065.SH), and Fengguang Co. (301100.SZ), have also implemented similar price hikes within a short timeframe [1]. - The price adjustments are seen as a response to the current market conditions and are intended to stabilize profit margins [1][2]. Group 2: Industry Context - Antioxidants are essential additives in polymer materials, significantly impacting the production and quality of downstream products despite their small usage proportions [2]. - The industry has faced intense competition in 2023, leading to irrational price competition due to slowing downstream demand and fluctuations in raw material prices [2]. - Financial reports indicate that while revenue for companies like Fengguang Co. and Dingjide has increased, net profits have declined, highlighting a trend of rising revenue without corresponding profit growth [2]. Group 3: Market Reactions - Institutions are optimistic about the potential positive impact of the price increases on the industry, suggesting that it may help improve the industry's overall conditions and market structure [3]. - However, the stock market's reaction has been muted, with only Suqian Liansheng seeing a slight increase, while other companies experienced minor declines [3].