According to the Commodity Market Analysis System of Shengyi Society, the market for adipic acid has risen since January. On January 1st, the average market price of adipic acid was 8100 yuan/ton, and on January 10th, the average market price of adipic acid was 8133 yuan/ton, an increase of 0.41%.
Lido supports the improvement of adipic acid market
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 are still acceptable, and the volume of goods has increased. As of January 10th, the domestic market price of adipic acid has risen to around 8100 yuan/ton.
An analyst from Shengyi Society believes that as the end of the year approaches, 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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