5 Chemical Stocks Likely to Benefit as H-Acid Prices Soar 470% Amid Tightening Chinese Supply
India, Sept. 29 -- The global dye and dye-intermediates industry is witnessing a significant shift in supply dynamics, with tightening supply from China driving up prices of several key intermediates. H-Acid, an important raw material used in the production of reactive dyes, has been among the major products witnessing a sharp price increase.
The rise in H-Acid prices could benefit Indian companies with exposure to the product by improving realisations. It could also create an opportunity for Indian manufacturers to gain market share as global buyers increasingly look to diversify their sourcing beyond China.
Massive Surge in H-Acid Prices
H-Acid, an important intermediary material for making reactive dyes, has seen a tremendous price ...
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