Price trend

According to the Commodity Market Analysis System of SunSirs, the market for adipic acid has risen since January. On January 1st, the average market price of adipic acid was 8,100 RMB/ton, and on January 10th, the average market price of adipic acid was 8,133 RMB/ton, an increase of 0.41%.

Supported by bullish factors, the adipic acid market was recovering

After New Year's Day, the demand for purchasing adipic acid from some terminals increased, and the raw material market stopped falling and stabilized. Supported by bullish factors, traders have raised the price of adipic acid one after another, and the adipic acid market has rebounded. The market transactions were still acceptable, and the volume of goods has increased. As of January 10th, the domestic market price of adipic acid has risen to around 8,100 RMB/ton.

Market outlook

An analyst from SunSirs believes that as the end of the year approaching, the supply of adipic acid will decline, and there is still room for an upward trend in the future adipic acid market.

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