SunSirs: Supported by Bullish Factors, the Adipic Acid Market Was Recovering
January 14 2025 14:15:05 SunSirs (John)
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.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
