Adipic acid price trend in China on East China

24/03/2009 12:00 - 697 Views

Adipic acid keeps steady in the east today. For the downstream sectors, the operation rates for PU resin companies declines, with current rates at 70%-80%.

For supply, the domestic suppliers keep regular rates, with adequate supply now. For the oversea markets, the markets are calm with the mainstream quotations at USD 950-1000/t, but the buying intentions at USD 900-950/t, with few actual transactions.

Currently, the anti-dumping investigation is under questionnaire phase and it is expected to know the result in May or June.

In the domestic markets, the domestic stocks are dealt at RMB 7400-7700/t, with few transactions for high-end imported stocks.

www.pudaily.com

March 23, 2009

Source: news.alibaba.com