According to the Commodity Market Analysis System of Shengyi Society, since July 22nd, the domestic adipic acid market has been continuously rising due to bullish support. On July 22nd, the average market price of adipic acid was 7066 yuan/ton. On August 6th, the average market price of adipic acid in China was 7300 yuan/ton, an increase of 3.3%.
| Gamma-PGA (gamma polyglutamic acid) |
Liduo supports the upward trend of domestic adipic acid market
Since July 22nd, the prices of pure benzene and cyclohexanone raw materials for adipic acid have risen, leading to increased demand in the end plastic industry and an overall increase in prices for adipic acid manufacturers. The domestic adipic acid market has seen an improvement in transactions and a rise in the market. As of August 6th, the average market price of adipic acid has risen to around 7300 yuan/ton, with an overall increase of over 3%.
An analyst from Shengyi Society believes that in mid August, the rigid demand in the terminal industry will increase, and the raw material market will be boosted. The adipic acid market will continue to strengthen in the future.
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