According to the Commodity Market Analysis System of Shengyi Society, in early July, the domestic adipic acid market continued to decline due to negative pressure. On July 1st, the average market price of adipic acid was 7466 yuan/ton. On July 11th, the average market price of adipic acid in China was 7133 yuan/ton, a decrease of 3.17%.
Negative pressure suppresses domestic adipic acid market, causing a decline

At the beginning of July, the prices of pure benzene and cyclohexanone raw materials for adipic acid fell weakly, and the demand for terminal plastics industry was sluggish, resulting in an overall decline in prices for adipic acid manufacturers. The domestic adipic acid market has average transactions and a weak market. As of July 11th, the average market price of adipic acid has fallen to around 7133 yuan/ton, with an overall decline of over 3%.
An analyst from Shengyi Society believes that in mid July, the rigid demand in the terminal industry was weak, and the raw material market was not good. The market for adipic acid will continue to weaken in the future.