SunSirs: On July 29 the adipic acid market in South China was weak and stable

On the 29th, the market for adipic acid in South China was weak. Today, the market is generally stable, and some dealers’ offers are still lower, with a small range of less than 100 yuan. The price of upstream pure benzene is weak, and the cost support is weakened, and dealers mainly sell at a profit. At present, the market demand remains rigid, and the market transaction is sluggish. The inventory pressure of manufacturers is obvious, and the listed prices have been lowered one after another. Downstream procurement is mainly based on rigid demand. The mainstream price in today's market is: 9,600-9,900 yuan/ton for Shandong sources of goods, and 9,800-10,000 yuan/ton for Jiangsu sources of goods.

Note: The above quotations are tax-included prices.