Secrets of daily limit stocks: Benzhenylemine large factory explosion -dye intermediate supply shortage in the daily limit

Today’s trend: Rongtu Co., Ltd. (002440) today has a strong daily limit. The stock has daily limit twice in the past year.

Reasons for the daily limit: At about 3 pm on the 21st, the chemical explosion of Tianjiayi Chemical in Jiangsu. It is reported that the company has a production capacity of 10,000 tons of phenylramine (dye intermediate), which is the second largest core production plant in the industry after Zhejiang Longsheng (600352). The explosion will affect the market capacity of about 25%of pyramamine, which directly leads to the shortage of supply and the rise in prices. In addition, because the explosive factories are located in northern Jiangsu, it will directly lead to delay in the progress of dyeing in northern Jiangsu and intermediate factories. Nearby industrial park companies will also be affected, which will affect the prices of decentralized and active dyes. For example, the tender yellow dyes that have continuously increased their prices will continue to rise, and the scattered blue 60#, 56#, red 60#, etc. will also usher in the rise.

The company is mainly engaged in the research and development, production and sales of textile dyes, printing and dye agents and chemical raw materials. The production scale, technical level and product quality of the company’s textile dyes are at the leading domestic level, ranking second in the domestic dye market share.

Analysis of the market outlook: The stock has a strong daily limit today, and the market outlook has continued to rush high momentum.

Product Recommendation: dyestuff intermediates