April 23 News – According to data monitoring, on April 23, Hualu Hengsheng halted operation of its 75,000-ton adipic acid Phase I A-line facility, with the restart time to be determined. Chempricehub's evaluation of adipic acid: Bullish-bearish score: 1.5. The suspension of Hualu Hengsheng’s 75,000-ton adipic acid production unit, with restart timing yet to be confirmed, has led to a significant reduction in market supply. Given relatively stable demand, the supply shortage may drive up spot prices of adipic acid. This event exerts a relatively strong bullish influence on prices, but since it is not a sector-wide shutdown, the rating is +1.5.
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