Adipic Acid Price Trend

In 2021, the Chinese adipic acid market price was recorded at 2034 to 1654 USD/MT from October to December while it was recorded at 2034 USD/MT from January to February in 2022. In 2021, in United States, demand stabilisation from downstream polyamide had dampened market mood because to the ongoing holiday season. Imports from South Asia had plummeted, indicating a shift in the market's outlook. Adipic acid prices remained constant in December, at 2635 USD/MT FOB New Jersey in the United States.

Winter holidays were observed in the North American region, resulting in demand stagnation and, in some cases, deterioration, affecting the overall market outlook for the quarter. In December, the FOB Qingdao price of adipic acid fell to 1856 USD/MT. China suffered with production as a result of its dual control policy, which limited operating rates.In Europe, market participants were required to maintain increasing pricing pressure due to consistent demand and tight supply. On a FOB basis, prices jumped to 3279 USD/MT in December.

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Procurement Resource provides latest prices of Adipic Acid. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Chart Description

Procurement Resource provides prices of Adipic Acid for several regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

About:

Adipic acid, a crystalline, white powder, is one of the most important dicarboxylic acids. It is primarily utilised in the production of nylon. It occurs rarely in nature. Small but considerate volumes of adipic acid are used in food products as a food additive. It has a tart taste and it is utilised as a flavouring and a gelling agent in jello or gelatines. It is also utilised in some calcium carbonate antacids to make them tart.

Chemical Formula of Adipic Acid

  • C6H10O4 

Synonyms:

  • 124-04-9
  • Hexanedioic acid
  • Butane-1,4-dicarboxylic acid
  • Hexane-1,6-dioic acid 
  • 1,4-Butanedicarboxylic acid

Molecular Weight

  • 146.14g/mol  

Industrial Uses

  • Nylon 
  • Paper additives
  • Copolyamides and terpolymers
  • Unsaturated polyester resins (UPRS) 
  • Plasticisers 
  • Chemical intermediate
  • Solvents and lubricants
  • Electronics
  • Soil conditioners
  • Glass protection agents and briquetting agents
  • Leather tanning agents
  • Flue gas desulphurisation scrubbers
  • Cleaning aids

Production Process

  • Production of Adipic Acid from Cyclohexanone and Cyclohexanol via Oxidisation; from Butadiene via Carbonylation; and from Cyclohexene via Oxidative Cleavage. 

While producing Adipic Acid via oxidisation of cyclohexanol and cyclohexanone (together known as KA oil), cyclohexanol is first converted to the ketone, which releases nitrous acid. At last, KA oil is oxidised with the help of nitric acid to finally produce Adipic Acid through a multistep pathway.

Supplier Database:    

  • Asahi Kasei Corporation
  • Ascend Performance Materials LLC
  • Lanxess AG
  • Solvay SA
  • Invista (Koch Industries, Inc.)

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications

Procurement Resource also provides the detailed production cost analysis of Adipic Acid See more

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