Xuan Gu Bao·2026-01-29 14:38Industry Overview - Domestic dye prices have been continuously rising, with disperse dye prices averaging 19 yuan/kg on January 29, up 1 yuan/kg from the previous day and 2 yuan/kg from January 21. Active dye prices averaged 23 yuan/kg on January 29, also up 1 yuan/kg from the previous day [1] - The price of H acid, a key upstream raw material, reached 41.5 yuan/kg on January 29, increasing by 1 yuan/kg from January 27 [1] - The price increase is attributed to a combination of cost-push factors and an optimized industry structure, with soaring prices of upstream key raw materials providing strong support for dye prices [1] Company Insights - Zhejiang Longsheng has a production capacity of 140,000 tons for disperse dyes and 70,000 tons for active dyes, along with relevant layouts for reducing agents and H acid [2] - It is estimated that for every 10,000 yuan/ton increase in disperse dye prices, there could be a corresponding contribution of 1.24 billion yuan in performance elasticity; for active dyes, a 10,000 yuan/ton increase could contribute 620 million yuan [2] - Qicai Chemical focuses on the R&D, production, and sales of high-performance organic pigments, solvent dyes, and related intermediates, benefiting from the rise in dye prices [2]