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Runtu Co.: The company's dispersed dye black prices have recently increased by approximately 24,000 yuan per ton.
People’s Financial News, March 11 — Run Tu Co., Ltd. (002440) stated at a strategy exchange meeting on March 11 that the prices of dye products are determined by market supply and demand as well as raw material prices. The company’s dye product prices follow market trends, adopting a price-following strategy. Due to recent increases in raw material prices, the price of the company’s disperse black dye has also risen by approximately 24,000 yuan per ton. As of now, the price of disperse black dye is around 40,000 yuan per ton. The main driver of this round of price increases is the rise in the prices of key intermediates in raw materials.