Price Analysis (Update on 2017-11-20)

Adipic Acid

CAS No. : 124-04-9

Reference Price

$1470 /MT (Previous Price)

$1470 /MT (Current Price)

 $0/MT
  • 2017-11-20The operating rate was low and delivery date was December. The downstream demand was flat with only basic purchase. It is expected that the Chinese market will move sideways. The supply in East China and Shandong was still low, delivery date late. The South China downstream demand entered low season. The inventory was low. Price was stable at a high level, and delivery was difficult. The reference price was $1,470/mt FOB Tianjin.Detail
  • 2017-11-13The operating rate was low and delivery date was December. The downstream demand was flat with only basic purchase. It is expected that the Chinese market will move sideways. The supply in East China and Shandong was still low, delivery date late. The South China downstream demand entered low season. The inventory was low. Price was stable at a high level, and delivery was difficult. The reference price was $1,470/mt FOB Tianjin.Detail
  • 2017-11-06The operating rate in the adipic acid market was not high. The downstream demand was flat. Chinese adipic acid market prices remained stable. Reference prices were $1,450 FOB Tianjin.Detail
  • 2017-10-30The adipic acid operating rate was not high and the the delivery date was arranged in November. The downstream demand was not high and users purchased on a need-to basis. It is predicted that the adipic acid market will be firm. The supply of adipic acid in East China and Shandong was tight and in a late delivery. The inventory was low in adipic acid factories. The prices were stable in the Chinese market. As the Chinese holders started clear stock, the prices began to decrease. The reference price was $1,450/mt FOB Tianjin. Detail
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