Adipic acid East China market price trend chart

According to the monitoring of business agency, in October, the price of domestic adipic acid rose sharply, and the market continued the rise in September. The monthly increase of adipic acid in East China was 14.80%. At the end of the month, the market price range of adipic acid was 12500-13000 yuan / ton. The main reason is the cost pull and supply shortage. According to the k-column chart of adipic acid in October of business society, the increase of adipic acid in October was stronger than that in the previous three months.

In terms of market supply, adipic acid manufacturers still have a lot of equipment maintenance this month. During the maintenance period of Shenma and Tianli high tech equipment, two sets of equipment in Tangshan Zhonghao are inspected in turn, and the restart time of Jiangsu Haili is delayed. The overall operating rate of domestic equipment is less than 60%, which is still in a tight supply pattern compared with the previous month. Tight supply is the fundamental reason driving the rise of adipic acid market. However, near the end of the month, the market gradually returned to rationality. With the recovery of some devices, the high price was slightly corrected.

Adipic acid industry chain trend chart

The adipic acid industry chain shows that the cost end is falling and the downstream is weak, but the adipic acid trend is strong, the manufacturer’s profits are greatly improved, and it also brings cost pressure to downstream PA66 and other industries.

Trend chart of pure benzene Market

Cyclohexanone market trend chart

In terms of cost, in the first half of October, pure benzene rose continuously and the price rose broadly; Adipic acid continued to rise due to the rising cost, but the price of pure benzene began to fluctuate downward in the second half of the month and fell deeply at the end of the month. However, the price of adipic acid did not fall due to the shortage of supply. The business community monitored that pure benzene fell 3.55% in the whole month.

In addition, the price of cyclohexanone is also a downward trend, and the domestic cyclohexanone market fell in October. According to the monitoring data of business agency, the average market price of domestic cyclohexanone at the beginning of the month was 12760 yuan / ton, and the average market price of domestic cyclohexanone at the end of the month was 11560 yuan / ton, a decrease of 9.40% in the month and a year-on-year increase of 95.38%.

PA66 market trend chart

Terminal demand: from the downstream demand of adipic acid, the demand performance is general, mainly maintaining the stability of rigid demand. According to PA66, the domestic PA66 market was at a high level in October, and the spot prices of various brands were corrected. As of October 29, the average ex factory price of PA66 adhesive injection molding sample enterprises of business society was about 40000 yuan / ton, with an increase or decrease of – 2.79% compared with the average price at the beginning of the month. As the traditional peak season gradually passed, the demand gradually weakened, the seller’s mentality became loose, and the offer was reduced from high to low. Therefore, the later demand may become an important factor restricting the price of adipic acid.

In the later stage, the business society believes that the adipic acid market is still strong in October and stronger than the upstream and downstream products of the industrial chain. The main reason is still the shortage of supply, but the market gradually stabilized at a high level and fell slightly at the end of the month. The main reason is the weak demand. It is expected that the supply will improve with the increase of the operating rate of adipic acid plant, When the downstream demand can not keep up in time, adipic acid will inevitably have a callback risk.