April 15th - According to data monitoring, on April 15th, the price of adipic acid from Hualu Hengsheng decreased, with the ex-factory price at 10,100 yuan per ton, down by 500 yuan per ton. The adipic acid market continues to trend lower. Chempricehub's analysis of adipic acid gives a bullish-bearish score: -1.5. Hualu Hengsheng's ex-factory price for adipic acid dropped by 500 yuan per ton to 10,100 yuan per ton, with prices continuing to decline, reflecting oversupply or weak demand in the spot market, leading to downward pressure on spot prices. This significant drop (approximately 4.7%), combined with the downward trend, indicates intensified market pessimism, unfavorable for bullish positions, and constitutes a strong bearish impact.
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