According to the commodity market analysis system of SunSirs: In early September, bearish factors weighed on the domestic adipic acid market, causing prices to decline. On September 1, the average market price of adipic acid stood at 7,383 RMB/ton. By September 4, the domestic average price had fallen to 7,366 RMB/ton, marking a 0.23% decrease.

Early September saw declines in the prices of adipic acid feedstocks—benzene and cyclohexanone—coupled with weakening rigid demand from end-users, leading to a slight downward trend in adipic acid prices that fell to 7,300 RMB/ton. Compounded by multiple bearish factors, the adipic acid market continued its downward trajectory.

SunSirs analyst notes: With weak rigid demand from end-user industries in mid-September and limited support from raw material prices, the outlook for adipic acid prices remains bearish.

As an integrated internet platform providing benchmark prices, on September 8, the benchmark price of adipic acid on SunSirs was 7,366.67 RMB/ton, down 0.23% from the beginning of this month (7,383.33 RMB/ton).

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

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