In the past 24 hours, the situation in and around eastern Ukraine has developed rapidly, including Russia, the United States and the European Union, which have issued a series of statements, resulting in extreme turbulence in the global capital market. Domestic futures also reflected strongly. Yesterday (23rd), the main contract of asphalt futures rose by more than 6%, the main contract of fuel oil futures rose by more than 5%, the main contract of crude oil and Lu futures rose by more than 4%, and the main contract of iron ore and soda ash futures rose by more than 3%.

The multi-point outbreak of the epidemic caught up with the escalating geopolitical conflict, and major changes took place in the situation in eastern Ukraine, which had an impact on the supply of overseas crude oil and natural gas.

The supply shortage and price rise of chemical raw materials will gradually lead to a shortage of goods in many industries such as dyes, dyeing factories, textiles and papermaking, which is very unfavorable to the whole industry and people’s livelihood industrial chain.

As professional dyestuff manufacturer in Rhodamine b dye, sulphur black dyes, solvent blue 35 and acid orange 7, we remind all clients pay attention to the latest market information and make suitable purchase plan accordingly.

Contact person: Miss Jessie Geng

Email:jessie@xcwychem.com

Mobilephone/Whatsapp: +86-13503270825