Adipic acid market trend chart
According to the monitoring of the business community, this week (8.9-12), the domestic price of caprylic acid was stable. After the high decline in mid and late July, the current price stabilized and the market fluctuation was not strong. In addition to the negative impact caused by the decline in cost, the lack of improvement in demand was also the main factor restricting the development of the market. According to the monitoring of business agency, adipic acid in East China increased by only 0.28% this week. At present, the price range of adipic acid is 10700-11000 yuan / ton.
In terms of market supply, adipic acid manufacturers’ devices are generally normal this week, maintaining a high operating rate. The manufacturer’s inventory has been reduced and cleared in the early stage. At present, the inventory pressure is normal, but the current market demand is still weak, and the delivery speed of enterprises has decreased significantly. From the perspective of dealers, although the manufacturer’s inventory pressure is balanced, the market inventory pressure is still large. The market is in the process of de inventory, and some dealers mainly sell goods at a profit.
Trend chart of pure benzene Market
In terms of cost, pure benzene has been declining since August. As of August 12, pure benzene has fallen by 7.96% this month. While the cost pressure has been relieved, the price of adipic acid also reflects certain advantages. The manufacturer’s profit has been significantly improved compared with the previous period. Compared with the upstream pure benzene market, adipic acid has a relatively strong performance.
PA66 market trend chart
Terminal demand: from the downstream PA66 of adipic acid, PA66 is still hovering at the bottom. Since April, PA66 has entered the downstream channel. The off-season effect is obvious. The price has rebounded slightly this month, but the range is limited. According to the monitoring of business society, PA66 has increased slightly by 0.26% as of August 12. The weak downstream demand has an obvious impact on adipic acid.
In the later stage, the business society believes that the continuous decline of pure benzene may pave the way for the decline of adipic acid price in the later stage, especially under the background of no improvement in demand, it is possible for enterprises to reduce prices and ship goods. It is expected that the adipic acid price will remain stable in the near future, and the possibility of price decline will not be ruled out in the medium and long term.
| Thiourea |