According to the commodity market analysis system of SunSirs: Since June, due to the combination of long and short factors, the domestic adipic acid market has bottomed out and rebounded after a continuous decline, and the price has improved. On June 1, the average market price of adipic acid was 7,433 RMB/ton, and on June 17, the average market price of adipic acid was 7,466 RMB/ton, up 0.45%

Long and short game, domestic adipic acid market fell first and then rose

Since June, the market prices of adipic acid raw materials 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 9, the average market price of adipic acid fell to about 7,066 RMB/ton, an overall decline of 4.93%.

Starting from June 10, the market prices of adipic acid raw materials benzene and cyclohexanone rose, the demand of the terminal plastics industry improved, and the prices of adipic acid manufacturers rose. The domestic adipic acid market has seen an increase in transactions, and the adipic acid market has improved. As of June 17, the average market price of adipic acid has risen to around RMB 7,466/ton, an overall increase of 5.66%.

Adipic acid analysts at SunSirs e believe that at the end of June, the rigid demand of the terminal industry and the strong raw material market will continue to strengthen the adipic acid market in the future.

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