Adipic acid: the shock builds the bottom to show the chill of early autumn

On September 6, some chemical stocks with price increase expectations rose collectively, and Shenma Industrial Co.

The two-month decline was more than 20%.

According to the tracking data of the business agency, after a slow correction in April and May, the market price of adipic acid has accelerated

With the rapid decline in the price of adipic acid, the output of the industry and the operating rate of enterprises have also shown a downward trend

The industrial chain boom is receding

Adipic acid is widely used, mainly in the two downstream fields of

From the perspective of the price trend of the industrial chain, the adipic acid industry chain showed an upstream and downstream decline in August, but the upstream decline was obviously strong

Autumn movements remain to be seen

In early September, the adipic acid market did not have a "golden nine" turnaround, but felt the chill of early autumn

In view of the adipic acid market situation in the first half of September, Jinlianchuang conducted a survey of trends and samples including adipic acid factories, traders and downstream customers

Longzhong information industry analyst Yan Xiaoyu believes that in September, adipic acid production and capacity utilization rate both rose, consumption followed up slowly, import and export volume fluctuations were not large, the gap between supply and demand narrowed, the range fluctuations are expected, and the later stage should also pay attention to the guidance of raw material trends and the follow-up of demand orders

In the view of the business company, in the later period, with the intensification of the international energy tension trend, oil prices still have upward momentum, pure benzene has fallen too fast before, and it is expected to build a bottom in the later stage, which may boost downstream confidence