According to the Commodity Market Analysis System of Shengyi Society, since February, the domestic adipic acid market has seen an increase, supported by favorable factors, with a growth rate of over 2%. On February 1st, the average market price of adipic acid was 8400 yuan/ton. On February 12th, the average market price of adipic acid in China was 8600 yuan/ton, an increase of 2.38%.
Liduo continues to rebound in the domestic adipic acid market
Starting from February, the prices of pure benzene and cyclohexanone raw materials for adipic acid have risen, supported by the stocking situation in the terminal plastic industry. The prices of adipic acid manufacturers have also increased, and the domestic adipic acid market has seen improved transactions, leading to a warming of the market. The average market price has risen to 8500-8700 yuan/ton, with an overall increase of 200 yuan/ton.
An analyst from Shengyi Society believes that in mid to late February, the demand in the terminal industry remained stable, the raw material market remained stable, and the adipic acid market had weak upward momentum in the future, mainly due to weak operations.
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