China Fibers and Textiles Sep.2016 | Page 11

OUTLOOK

In 2016, many dyeing, dyestuff and dye intermediate enterprises curtail production or stop operation due to the G20 Summit and the ecological management of Yangtze River, resulting into larger risks of feedstock supply and production demand. Moreover, in recent years, Chinese government exerts more effects on the environmental pollution improvement and more pressure will be put on related enterprises. Nevertheless, the environmental protection pressure speeds up the industry shuffle, pushing up the development of leading enterprises. It is predicted that the performance of dyestuff enterprises will improve obviously in the second half year of 2016.