Janak Mehta, chairman of the Indian Dyestuff Manufacturers Association, said at the recently held International Dyestuff Development Seminar on the 30th anniversary of the establishment of the China Dyestuff Industry Association that after more than a year of soaring, Indian dye prices will trend towards a trend. to stability. As the Indian government pays more attention to environmental issues, the dye industry will face increasingly stringent environmental regulations.
Similar to the Chinese market, Indian dye prices also rose sharply in 2013. But Mehta said the increase in dye prices was much lower than that of intermediates. Compared with January 2013, the prices of the main dye intermediates H acid in March 2014 have increased by 380%, sulfonated tonic acid has increased by 100%, K acid has increased by 174%, and gamma acid has increased by 197%, 4. 4′-Diaminobenzenesulfonanilide (DASA) rose by 154%, the dye product reactive black 5 rose by 148%, reactive red 195 rose by 143%, reactive yellow 145 rose by 97%, and acid black 210 rose by 162%.
Mehta said that the Indian dye market in 2014 will be full of challenges. If dye prices continue to rise, they may be boycotted by end users and prices are expected to stabilize. However, H acid prices are still on the rise. Due to increased environmental pressure, India has shut down a number of H acid production companies. It is difficult for India to be self-sufficient in H-acid and needs to import it from China. However, due to environmental protection management, China’s H-acid production has declined, making it difficult to continue supplying the Indian market.
Mehta pointed out that as Indian policies pay more attention to environmental issues, the dye industry will face increasingly stringent environmental regulations. This requires the dye industry to improve overall efficiency, increase integration efforts, adjust the industrial structure, and transform development methods.
Mehta predicts that by 2017, the output value of the Indian dye industry will be US$7.5 billion to US$9.5 billion, and the export volume will reach US$4.9 billion to US$5.95 billion; in 2020, the output value will be US$10 billion to US$14 billion, and the export volume will be between US$10 billion and US$14 billion. 6.8 billion to 8.9 billion US dollars.
According to statistics, the output value of the global dye industry is US$32 billion, of which India accounts for 16%. In 2013, India produced 90,000 tons of reactive dyes, 40,500 tons of disperse dyes, 30,000 tons of acid dyes, 1,500 tons of basic dyes, 7,500 tons of direct dyes, 7,500 tons of sulfur dyes, 23,000 tons of other dyes, and 80,000 tons of organic pigments. , 350 million tons of inorganic pigments.
