QYR Market Research Global Textile Dyes market research | Page 5

QYResearch
• For price trend analysis, a major factor that influences price
fluctuation is the raw material price. The major raw materials, H
Acid, Aluminum Trichloride, Phenol, Benzene, Alkyl Benzeneand
Acetaldehyde are petroleum chemical products. The price of crude
oil greatly influences the price of Benzene, Alkyl Benzeneand, thus
the price of textile dyes. As the price of crude oil has been trending
down since 2014, the price of textile dyes has declined as a result of
that factor. It is expected the price of textile dyes would still
decrease a little due to the situation of current crude oil market.
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