According to the Commodity Market Analysis System of Shengyi Society, the domestic adipic acid market weakened in September, mainly oscillating and falling. On September 1st, the average price of adipic acid in the domestic market was 7383 yuan/ton. On September 26th, the average price of adipic acid in the domestic market was 7250 yuan/ton, a decrease of 1.81% in price.

Negative sentiment combined with September adipic acid market oscillation and decline
Since September, the market for cyclohexanone, a raw material for adipic acid, has remained weak and stable, while the market for pure benzene raw materials has declined. Terminal rigid demand has weakened, and the market for adipic acid continues to decline. As of September 11th, the price has dropped to 7300 yuan/ton, with average market transactions and mediocre sales. The combination of negative factors has led to a weak decline in the market for adipic acid.
After mid month, the prices of raw materials pure benzene and cyclohexanone will decline, and their cost support will be limited. The terminal demand is average, market transactions are sluggish, and the adipic acid market is weakening. As of September 22nd, the price has dropped to 7280 yuan/ton, a decrease of about 100 yuan/ton from the beginning of the month.
At the end of the month, the prices of raw materials pure benzene and cyclohexanone were weak, with average support. Terminal demand remains weak, market transactions are flat, and the adipic acid market is stabilizing weakly. As of September 26th, the average market price has fallen to 7250 yuan/ton, a decrease of nearly 2% from the beginning of the month.
An analyst from Shengyi Society believes that after the National Day holiday, as terminal demand increases and the raw material market improves, the domestic adipic acid market is expected to stop falling and rise.