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Dye Industry Is Not Easy To Export To Sino US Trade War

2018/8/18 6:39:00 145

Dye IndustryExportSino US Trade War

China is a major producer and exporter of dyes and pigments.

Customs statistics show that in 2017, China's dye exports amounted to 276 thousand tons, accounting for 28% of the annual output, and organic pigment exports amounted to 154 thousand tons, accounting for 63% of the annual output.

In July 10th, the United States released nearly $200 billion in the list of Chinese products that would be subject to tariffs.

What will be the impact on China's dyestuff industry? Will the export of dyestuff be affected?

  

China Dyestuff Industry Association

Shi Xianping, chairman, told reporters that China's dyes and pigments are mainly exported to Southeast Asia, Europe and other places.

Because of the relatively few textile and dyeing enterprises in the United States, they are concerned with dyeing.

Pigment

The demand is relatively low.

Therefore, the amount of dye and pigment exported to the United States accounts for only 1% to 2% of the total export volume.

The US $200 billion tariff list, which covers almost all dye categories, has little impact on the industry due to its limited export volume.

The director of the information and marketing department of the Federation of petroleum and chemical industries of China believes that from the analysis of export share, Sino US trade friction has little impact on the import and export of dyes and pigments in China, and the production enterprises should be able to deal with it calmly.

In further interviews with reporters,

Dyeing and finishing industry

Experts, manufacturers, and e-commerce platforms also give similar answers.

Although the overall impact is small, individual areas will still be affected.

Shi Xianping reminded us that the amount of organic pigment products exported to the United States is relatively larger. Therefore, organic pigment producers will be affected, but they are still under control.

At present, the world's pigment producing countries are relatively concentrated, mainly in China and India, and each producing country has different products, quality and so on. The homogenization competition is not very intense.

In particular, there are certain

Dyestuff

The world is only produced in China, so even if tariffs are higher, other countries must import from China.

Jun Fang, Minister of information technology, told reporters: "disperse dyes in China are dominant in the world. Disperse dyes in other countries are not competitive in production or quality."

She said that the amount of disperse dyes is very large. If it does not import from China, it will still be difficult to choose alternatives to other countries. Therefore, the United States levy tariffs on the impact of disperse dyes in China is very limited.

In terms of reactive dyes, China's dominance in the international market is slightly inferior to that of disperse dyes, so the impact will be slightly larger in the 1% to 2% export range, but it is also very limited.

In addition, under the condition of strict environmental protection in China, many domestic dyestuff production enterprises have been limited or even stopped production, with insufficient domestic supply and relatively low export volume.

In this case, the effect of tariffs imposed by the United States on the industry is even smaller.

"This round of the United States intends to impose tariffs on my dyed pigments, and the production enterprises do not have much to feel.

Zhejiang's Long Sheng (600352) chief engineer of the dye business division said, "first of all, the United States is not our big exporter, and exports account for a small share of the company.

Secondly, China's market share of dyestuff and pigment accounts for about 70% of the world.

At the same time, the raw materials for dyestuff production in China are not controlled by foreign countries. They are all made in China. Therefore, whether it is the United States, China or the United States, it has imposed tariffs on China.

Dyeing and finishing industry

The impact is very small. "

At the same time, many industries have told reporters that clothes,

textile

Pigments and pigments will be used in many other areas.

The US government is bent on raising tariffs and provoking trade wars, and its impact will be largely pformed into the rise of the cost of production and the consumption cost of ordinary people, and the life of American consumers will also be affected.

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