April 14th — According to data, by 2025, China's adipic acid production capacity is projected to reach approximately 4.5 million tons per year, with an output of about 2.7 million tons and an apparent consumption of around 2.15 million tons. Chempricehub's analysis of adipic acid indicates a bearish rating of -1. The rationale for this assessment is as follows: By 2025, China's adipic acid production capacity is expected to be 4.5 million tons per year, with an output of 2.7 million tons and an apparent consumption of 2.15 million tons. The output exceeds consumption by 550,000 tons, indicating a market oversupply. The capacity utilization rate is only 60%, highlighting significant potential supply pressure. This situation is likely to exert downward pressure on spot prices, as oversupply suppresses price increases, representing a generally bearish factor.