According to the Commodity Market Analysis System of Shengyi Society, starting from February 11th, the domestic adipic acid market has experienced a weak decline, with the main trend being the decline. On February 11th, the average market price of adipic acid was 8600 yuan/ton. On February 17th, the average market price of adipic acid in China was 8533 yuan/ton, a decrease of 0.78%.

Negative pressure suppresses the decline of domestic adipic acid market

Starting from February 10th, the prices of pure benzene and cyclohexanone raw materials for adipic acid have fallen, and the demand in the terminal industry is relatively stable. There is an oversupply of adipic acid in the market, and the shipping prices of adipic acid manufacturers and traders have gradually decreased. The market transactions are average, and the sales are flat. The average market price of adipic acid has dropped to 8400-8500 yuan/ton, with an overall decrease of 50-100 yuan/ton.

An analyst from Shengyi Society believes that at the end of February, the demand in the terminal industry was average, and the raw material market was weak and consolidated. The adipic acid market may mainly decline in the future.