Run Earth Holdings: The company's diversified dye black prices have recently increased by about 9000 yuan per ton.
Runtu Corporation announced that in the investor relations activity, it was introduced that reduction agent is one of the important intermediates of dispersed dyes, and its price has been running at a relatively low level in the past two years. It started to rise from late January, and as of now, the market price of reduction agents is around 100,000 RMB per ton. The price of dye products is determined by factors such as market supply and demand and raw material prices. The company's dye product prices follow the market and adopt a price follow strategy. Due to the recent rise in the price of reduction agents, the price of the company's dispersed black dye has also increased by about 9,000 RMB per ton recently, and as of now, the company's dispersed black dye is priced at around 25,000 RMB per ton. The main reason for this round of price increases is the rise in prices of important intermediates in raw materials. The company has an annual production capacity of about 8,000 tons of reduction agents.
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