According to the Commodity Market Analysis System of Shengyi Society, the domestic adipic acid market has improved this week, with the main trend being upward. On February 1st, the average market price of adipic acid was 8400 yuan/ton. On February 13th, the average market price of adipic acid in China was 8600 yuan/ton, an increase of 0.78%.
Lido supports sustained high levels of domestic adipic acid market
Starting from February 10th, the market for pure benzene and cyclohexanone raw materials for adipic acid has remained strong, and demand in the terminal industry has recovered. The prices of adipic acid manufacturers have risen, and the market has improved. The average market price has risen to 8500-8700 yuan/ton, with an overall increase of 50-100 yuan/ton.
An analyst from Shengyi Society believes that in late February, with stable demand in the terminal industry and limited upward potential in the raw material market, the adipic acid market is likely to experience a weak decline in the future.
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