1. Crude Oil : Now crude oil price is low compared with 2022, but still higher than price of 2019 . And now OPEC+ decided to reduce the capacity which make the price going up already.

2. World Economy: Now world economy is recovering step by step but inflation and war are still the threaten for the economy. On ECS held in Nurnberg, most people think this year will not be worse than 2022. Hope the economy can be recovered soon.

3. China chemical market: In March, 40% chemical products price went down especially in new energy  field, not so much related to the pigment industry . And China market recovery is not so fast and hope it can be faster in 2nd half year.

 

What is situation of Pigment ? 

 

1. DCB: ONCB price went up made the DCB price decrease broken after Chinacoat and now ONCB price is still higher but DCB price are kept stable. Once crude oil price increased a lot, the DCB price have to be went up accordingly.

 

2. AAA series products: In fact, aniline price is keeping increasing in March, and now Acetic Acid price seems changing to up,  trend of price up is till there and waiting for the market reaction. More demand will make the price up.

 

3. Naphthalene series products: Price keep stable and some price decrease a little which can not influence the pigment price much.

 

4. 2B, 4B Acid: One of their raw materials was sold with lost price before, now old stock finished and new price will go up, so Red 57:1, 48 series , Yellow 191 etc. price will be influenced. 

 

5. Other pigments:  The market is not good but raw material price are still high, some pigment price can be negotiated to move stock.