On the 30th, the domestic adipic acid market price fell, mainly due to the drop in the price of upstream pure benzene and the relatively abundant supply of adipic acid. The operating rate remained above 70%, but the demand was relatively low.

The adipic acid Market in East China fell. Today, the quotation was loose by 200 yuan. At the beginning of the week, the listing guide price of some large manufacturers was reduced by 500 yuan, and the manufacturer’s inventory pressure was obvious. The dealer’s offer is mainly low, and the market transaction is in the doldrums. The price of pure benzene fell and its support for adipic acid weakened. The downstream procurement is rational, and the demand is not large for the time being. The mainstream prices in today’s market are: acceptance price of 13000-13200 yuan / ton for Shandong source of goods and 13100-13300 yuan / ton for Jiangsu source of goods.

Adipic acid Market in South China fell, ranging from 100-200 yuan. At present, the market demand maintains rigid demand, and the market transaction is sluggish. This week, the manufacturer’s listing was temporarily stable, and the downstream procurement was just needed. Today, the mainstream price in the market is: the acceptance price of Shandong source of goods is 13200-13400 yuan / ton, and the acceptance price of Jiangsu source of goods is 13300-13500 yuan / ton.

Future forecast: adipic acid market is expected to have downward space in the near future.