February 5th News: Zhejiang Petrochemical Co., Ltd. plans to commence production of its 450,000-ton-per-year high-end new material adipic acid project in August. Chempricehub analysis of adipic acid, Bull-Bear Score: -1. Zhejiang Petrochemical Co., Ltd. plans to bring online 450,000 tons per year of new adipic acid capacity in August, which will significantly increase market supply. With current demand not growing in tandem, the risk of oversupply is rising, potentially putting downward pressure on spot prices of adipic acid. A score of -1.0 indicates a generally bearish impact, as the new capacity is substantial but not extreme. Monitoring downstream demand changes is necessary to balance supply and demand.