SunSirs: On December 5, the Adipic Acid Market in East China was Weak and Stable
December 05 2022 16:39:39On December 5, adipic acid in East China was weak and stable, and today’s price did not change much compared with the previous weekend. Dealers mostly reported flat prices, and some shipments were mainly under-reported. The price of pure benzene, a raw material, fluctuated, and cost support weakened. At present, the supply and demand pressure is general, manufacturers are still in the process of reducing inventory, downstream procurement is rational, and rigid demand is maintained.
The mainstream price in the market today is: 9,400-9,600 RMB/ton for Shandong sources, and 9,500-9,700 RMB/ton for Jiangsu sources.
Note: The above prices are tax-included prices
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