Dye sector launched initial surge, Haixiang Pharma hit daily limit up

The dye sector initially surged at the market open, with Haixiang Pharmaceutical hitting the daily limit, Jianxin Shares rising over 10%, and Runtu Shares, Zhejiang Longsheng, Yabang Shares, Shanshui Technology, and Yida Shares also gaining. On the news front, due to the continued surge in reducing agent prices, the domestic dye industry is experiencing a new round of concentrated price increases. The three major leading companies have successively raised their product prices, with a significant cost pass-through effect.

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