According to the commodity market analysis system of Business Society, starting from the end of December, supported by favorable factors, the domestic adipic acid market has been steadily rising. On December 26th, the average market price of adipic acid was 6,833 yuan per ton. By January 6th, the average market price had increased to 7,266 yuan per ton, marking a rise of 6.34%.

Supported by positive factors, the domestic adipic acid market has been steadily climbing. Due to the continuous decline in adipic acid prices earlier, the market had already reached a low level. Starting from the end of December, adipic acid prices began to recover and rise steadily, with the average market price reaching around 7,300 yuan per ton, an increase of approximately 500 yuan per ton. This round of price increase is primarily driven by the recovery in the raw material benzene market, coupled with moderate rigid demand from downstream industries.

Now, let's analyze whether the adipic acid market can continue to rise in the future.

Supply Side:
Domestic manufacturers are maintaining a high operating rate, ensuring ample market supply. Although individual units may undergo routine maintenance, overall supply remains stable. However, both social and factory inventories need to be digested.

Downstream Procurement Mentality:
Against the backdrop of economic uncertainty, downstream users generally adopt a "buy-as-needed" strategy. The likelihood of large-scale centralized procurement is low, making it difficult to sustain continuous market momentum.

Demand Side:
After the New Year and before the Spring Festival, downstream industries such as nylon and polyurethane will gradually enter the off-season for production. Factory operating rates are expected to decline, with a focus on completing existing orders and pre-holiday procurement. New orders are projected to be limited. Terminal industries, such as textiles, are also in the pre-holiday winding-down phase, showing weak willingness to purchase raw materials.

Business Society's adipic acid analyst believes that in mid-January, rigid demand from terminal industries will remain moderate, and support from raw material prices will be limited. As a result, the adipic acid market may weaken in the future.