According to the Commodity Market Analysis System of Shengyi Society, in early June, negative factors suppressed the weak domestic adipic acid market, with a decline of more than 2%. On June 1st, the average market price of adipic acid was 7433 yuan/ton, and on June 4th, the average market price of adipic acid in China was 7266 yuan/ton, a decrease of 2.24%.

Negative pressure on domestic adipic acid market continues to decline
Since June, the market for pure benzene and cyclohexanone raw materials for adipic acid has weakened, leading to a decrease in demand in the end plastic industry and a decrease in prices for adipic acid manufacturers. The domestic adipic acid market has average transactions and a sluggish market. The price of adipic acid has mainly decreased. As of June 4th, the average market price of adipic acid has fallen to around 7266 yuan/ton, with an overall decrease of about 200 yuan/ton.
An analyst from Shengyi Society believes that in mid June, the rigid demand in the terminal industry decreased, and the raw material market was sluggish. The adipic acid market will continue to operate weakly in the future.