On the 26th, the adipic acid market in East China was still weak. At the beginning of the week, it continued the downward trend of last week. The price of pure benzene, a raw material, continued to fall, and the cost support was insufficient. Manufacturers’ inventory pressure is obvious, and the listing price has been lowered before, which affects market confidence. In addition, on the supply and demand side, the market supply pressure increased, and dealers generally underestimated their offers and shipped them at a profit, but the market transactions were average. Downstream procurement is rational, and the demand is not yet heavy. The mainstream price in today’s market is: 9600-9800 yuan/ton for goods from Shandong, and 9700-9900 yuan/ton for goods from Jiangsu.
Note: The above prices are tax-included
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