According to the Commodity Market Analysis System of Shengyi Society, the adipic acid market continued to rise in February, with prices fluctuating continuously. At the beginning of February, the average market price of adipic acid was 80663 yuan/ton. On February 28th, the average market price of adipic acid was 8300 yuan/ton, with a price increase of 2.89%.

Liduo continues to rise in the adipic acid market in February
At the beginning of February, the crude oil market surged, and the prices of pure benzene and cyclohexanone, raw materials for adipic acid, remained high. With the arrival of the Spring Festival, the terminal nylon stocking market was boosted, and manufacturers had a strong bullish mentality. The adipic acid market continued to rise, with increased market trading volume and steady warming, with a five-day increase of over 3%. As of February 5th, the average price of adipic acid in the domestic market was around 8333 yuan/ton, an increase of 300 yuan/ton.
After the Spring Festival, the boosting effect of adipic acid raw material market was limited, and terminal demand fell. After the rise of adipic acid market, it gradually decreased. As of February 28th, the average market price of adipic acid was 8300 yuan/ton, with a price drop of 200 yuan/ton. The overall price of adipic acid rose by nearly 3% in February.
The analyst of the adipic acid market at Shengyi Society believes that the terminal demand will gradually improve in March, and the adipic acid market may stop falling and usher in an upward trend in the future.