SunSirs: Adipic Acid Market Bottomed out in May
May 29 2025 14:52:55
According to the commodity market analysis system of SunSirs, the domestic adipic acid market bottomed out in May. Due to the large decline in the previous period, the overall price rose slightly. On May 1, the average price of domestic adipic acid market was 7416 RMB/ton, and on May 28, the average price of domestic adipic acid market was 7433 RMB/ton, with a price increase of 0.22%.
Bull-short game Adipic acid market bottomed out in May
After the May Day holiday, the prices of adipic acid raw materials such as pure benzene and cyclohexanone fell, the demand of the terminal plastics industry was poor, and the prices of adipic acid manufacturers continued to fall and continued to bottom out. The domestic adipic acid market had flat transactions and the market weakened. As of May 13, the average price of adipic acid market fell to 7100-7400 RMB/ton, an overall decrease of 200-300 RMB/ton.
Since mid-May, the prices of adipic acid raw materials such as pure benzene and cyclohexanone have been strong, the demand of the terminal plastics industry has increased, and the prices of adipic acid manufacturers have risen. The domestic adipic acid market has improved and the market is heating up. As the end of the month approaches, the price of adipic acid continues to run high. As of May 26, the average market price of adipic acid rose to about 7,400 RMB/ton, an overall increase of 100-200 RMB/ton.
Adipic acid analysts at SunSirs believe that in June, with increased terminal demand and support from raw material prices, the domestic adipic acid market still has room for growth.
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- 2025-06-06 SunSirs: Raw Materials Weakened and Met Negative News, Adipic Acid Market Fell
- 2025-05-19 SunSirs: Demand in the Plastics Industry has Improved, Adipic Acid Prices have Risen
- 2025-04-24 SunSirs: Under the Pressure of Negative Factors, the Market for Adipic Acid Has Weakened and Fallen
- 2025-04-17 SunSirs:Under the Pressure of Negative Factors, the Market for Adipic Acid Weakened and Fell
- 2025-04-09 SunSirs:Supply Pressure Remained, and Adipic Acid Market Declined
