Supply Tightening Drives Price Hike of Nitrated Dye Intermediates

Due to the impact of upgraded safety control measures and process modifications, the supply of nitration series fine intermediates has significantly contracted, and spot prices have risen sharply within the year. The downstream printing and dyeing sector passively accepts cost transmission, with orders mainly consisting of small-batch rigid demand purchases, and there is a weak willingness to stock up. The threshold for approving new production capacity is high, and short-term supply elasticity is limited. Market expectations are that the high market situation may persist for some time