Dye opens a new round of price increases, with profits of many conceptual stocks increasing significantly.

The dye industry has received heavy price adjustment news. Recently, media outlets such as ChemNet reported that the two leading domestic companies, Zhejiang Longsheng and Runhutu, have simultaneously issued price adjustment notices, officially implementing a new price system starting from July 21. It is understood that dye companies have raised product prices collectively twice this month. The driving force behind this round of price increases comes from the continuous surge in upstream intermediate prices, and cost pressures are being passed downstream. Market expectations for downstream printing and dyeing companies to raise dyeing fees have also increased. Since the beginning of this year, the dye market has been continuously heating up. According to data from Zhuochuang Information, as of July 23, the prices of reactive black and dispersed black have increased by 30.43% and 51.52% respectively compared to the end of last year, while the prices of H acid and para-nitrophenol have increased by 54.32% and 27.91% respectively. According to statistics from Securities Times Data Bao, there are a total of 18 listed companies in the A-share market that are involved in the dye industry chain. Benefiting from the continuous rise in dye prices, the overall industry profit has been restored. Statistics show that 6 companies have already released semi-annual performance related announcements. Calculated by net profit in the interim report and the lower limit of profit forecast, 5 companies have achieved a year-on-year increase in net profit attributable to shareholders in the first half of the year, with growth rates all exceeding 60%. Statistics show that four dye concept stocks have been researched by institutions since the beginning of the year, including Runhutu, Hangmin, Chuanghua Zhilian, and Jinji.