According to the commodity market analysis system of SunSirs: In early June, due to negative news, the domestic adipic acid market fell weakly, with a drop of more than 2%. On June 1, the average market price of adipic acid was 7,433 RMB/ton, and on June 4, the average market price of adipic acid was 7,266 RMB/ton, a drop of 2.24%.
Negative news suppressed the domestic adipic acid market continued to fall
Since June, the market prices of adipic acid raw materials such as benzene and cyclohexanone have weakened, the demand of the terminal plastics industry has declined, and the prices of adipic acid manufacturers have mainly fallen. The domestic adipic acid market has flat transactions and the market is sluggish. The price of adipic acid has mainly fallen.
As of June 4, the average market price of adipic acid fell to about 7,266 RMB/ton, an overall drop of about 200 RMB/ton.
SunSirs adipic acid analysts believe that in mid-June, the rigid demand of the terminal industry declined, the raw material market was sluggish, and the adipic acid market will continue to be weak in the future.
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