April 22 - According to data monitoring, on April 22, Hualu Hengsheng's adipic acid price declined, with the ex-factory price at 9,600 yuan/ton, down by 300 yuan/ton. The adipic acid market continues to trend downward. Chempricehub's analysis of adipic acid shows a bearish score of -1.5. The report indicates that Hualu Hengsheng's ex-factory price for adipic acid fell by 300 yuan/ton to 9,600 yuan/ton, with the market continuing to decline. This suggests an imbalance between supply and demand, with either oversupply or weak demand, exerting strong downward pressure on spot prices. The significant price drop, combined with the description of "continued decline," reflects a short-term weak trend, which may dampen traders' purchasing intentions and intensify downward pressure in the spot market.
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