Adipic Acid Actual Transaction Prices in the East Decline Ceaselessly
18 Apr 2011 23:18:23 PST
PUdaily, Shanghai-Today, adipic acid market in the east presents to be cloudy. The April settlement prices have limited impacts and quotations from most traders fall back to around RMB20000/ton.
For the moment, downstream demands are faced with resistance to be lifted and meanwhile, traders feel unsmooth to sell. Therefore, the actual transaction prices go down ceaselessly.
Besides, downstream users now mainly consume the inventories and most of them stand on the sidelines.