Adipic acid East China market price trend chart
According to the monitoring of business society, this week (11.8-12), the price of domestic adipic acid fell, the market reversed the rise, and the high level fell mainly. Adipic acid in East China fell by 2.14% this week. The market price range of adipic acid at the weekend is 12700-13100 yuan / ton. The main reason is the weakening of cost drive, the resumption of production of enterprises and the increase of supply put pressure on the market.
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In terms of market supply, the adipic acid operating rate increased significantly this week. After the restart of Shenma, Tianli hi tech and Tangshan Zhonghao units, it brought a certain supply increment. In addition, Chongqing Huafeng and Shandong Hongding units are also planning to start up, which further increased the market supply expectation. The market has changed from previous supply shortage to loose supply.
Adipic acid industry chain trend chart
The above figure shows that the adipic acid industrial chain showed a downward trend in the whole industrial chain on the premise that the cost end fell, the downstream was weak and the cost was continuously transmitted.
Trend chart of pure benzene Market
Cyclohexanone market trend chart
The prices of pure benzene and cyclohexanone fell this week, but the decline was small. Pure benzene is still at a relatively high level. According to the monitoring of business society, pure benzene fell slightly by 0.46% this week, cyclohexanone fell significantly by 1.97%, and the cost fell, weakening the price support of adipic acid. However, the manufacturer brought the improvement of profits, and the profits of adipic acid have increased for several consecutive weeks.
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PA66 market trend chart
Terminal demand: according to the data of business society, PA66 continued to decline this week, with a decline of 1.25%. Downstream procurement slowed down and dealer prices loosened slightly. Adiponitrile has not improved much. The capacity loss claimed by large international manufacturers in the medium and long term is still affecting the market, and the supply shortage has not improved. Due to the high dependence on imports of adiponitrile, most domestic PA66 production loads are forced to operate at a low level.
In the later stage, the business society believes that the prices of pure benzene and cyclohexanone have decreased recently, and the cost is bad. With the restart of the maintenance device, the overall supply of goods in the market is sufficient, and the supply pressure will continue to increase in the later stage. However, from the downstream demand side, the demand improvement is not obvious. Therefore, it is expected that adipic acid may still have downward space.
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