Adipic acid market trend chart

According to the monitoring of the business community, this week (6.21-25), the domestic adipic acid price was weak and stable. After the market decline in May, the current price was stable at 10000 yuan. The main reason for the weak market rise was that the adipic acid supply pressure increased, the demand was relatively weak, and the price lost support. According to the business news agency, the price of adipic acid in East China rose or fell by 0 this week. At present, the price range of adipic acid is 10000-10200 yuan / ton.

In terms of market supply, this week, adipic acid maintained a high level of operating rate, manufacturers’ inventory pressure was gradually emerging, enterprises reduced prices in the early stage, and now the price basically returned to the equilibrium point. As the market entered the off-season, the speed of delivery decreased significantly. From the point of view of dealers, the market inventory pressure is still large, the market is in the process of destocking, and some dealers give up profits to ship.

Pure benzene market trend chart

In terms of cost, the trend of pure benzene and adipic acid is quite different this week, and they have deviated from each other since the middle of June. According to the monitoring of business society, the price of pure benzene has increased by 2.32% as of this week, but the rising cost has not driven the price of adipic acid to warm up. On the one hand, the profit of adipic acid manufacturers is still in a reasonable range; More importantly, weak downstream demand is the main reason why adipic acid is difficult to get out of the predicament.

PA66 market trend chart

As far as downstream demand is concerned, from the perspective of downstream PA66 of adipic acid, PA66 has been in a slump since April. According to the monitoring of business society, the market of PA66 has not improved since June. As of the 25th, the monthly decline of PA66 is 1.90%. The weak downstream demand has obvious impact on adipic acid.

In the later stage, the business community believes that the supply pressure of adipic acid is still strong, the market is still in the cycle of destocking, and the upward pressure on the price is still large. However, at present, the price of adipic acid has been stable for nearly a month, and the downward space is not large. It is expected that it will remain weak and stable in the near future.