Half a year of 2022 has  passed already , now the pigment industry are facing more and more new problem including raw materials supplying, enviorment protection, production safty, COVID-19 etc.

 

Background:

1. Interest rates: As US  Federal Reserve raise US$ interest rates, the war is continuing,  the inflation is spreading all the world, the world economic recession is coming.

2. Crude oil: After the price reached the ceiling of this year say around US130/drum, now the crude oil price is down in a wave like way, hope it can keep decreasing which can help chemical industry a lot.

 

3. New Capactiy in China: There are 2 new factory starting already and now can supply the pigment regularly , now the new increased capacity are around 2000MT per month, several month later, the increased capacity can be 3000-4000 MT per month.

 

4. Off-season of pigment: Summer is the off-season for pigment always, the demands are low and it is good time for the factory to inspect their production line and start their yearly maintenance . Now some pigment factory have stopped production starting to maintain machinery.

 

 

From the A/M points, let us talk about the pigment and its raw material.

 

Raw Materials of Pigment

 

1. DCB : It is always the first item we need pay more attention and it is always the legend item for the pigment industry. The DCB price is decreasing  suddenly due to the ONCB manufacturers' can not get the agreement for the production and price, ONCB pric started going down say decresed a lot which influence DCB price so much and new DCB price should be much lower than before. But the big volume stock of DCB manufactuer and pigment factory are limiting the DCB price  decreasing, now the DCB price is going down step by step slowly.

 

2. AAA series products: Due to the low demand of the market with crude oil price decreasing, AAA series products price should be going down .

 

3. AS-IRG: Because of short supplying of  p-dihydroxybenzene , AS-IRG price are keeping increasing which banlanced the DCB price decreasing  make Yellow 83 price stable .

 

4. Naphthalene series,2B, 4B acid and other raw materials: Price should be going down due to the poor market demand and high inventory of manufacturer.

 

Pigment

 

Now our suggestion are holding on your pigment order and just buy the volume what you need. Yellow and Orange price made from DCB will be decreased much and other pigment price will be a little down or stable if the situation not changing so much.