- Global adipic acid prices showed a consistent upward trend in Q1’26, supported by rising feedstock costs and intermittent supply pressure across key regions.
- Feedstock strength from benzene and cyclohexanone remained the primary driver, with crude-linked cost increases sustaining upward pricing momentum.
- Downstream demand remained uneven, with restocking activity supporting prices early in the quarter, while cautious procurement limited stronger gains later.
Asia
In Asia, adipic acid prices showed a clear upward trajectory through Q1’26. In China, the prices were ~7.41 RMB/kg (Spot) in January and ~10.03 RMB/kg in March, with prices increasing by ~36.73%. The market strengthened in January as rising benzene and cyclohexanone prices increased production costs, while downstream nylon and polyurethane industries actively restocked ahead of the holiday period, supporting demand. In February, prices continued to rise initially due to elevated crude-linked feedstock costs and post-holiday restocking, but later softened as demand weakened and supply remained sufficient. However, the prices increased significantly in March amid geopolitical uncertainty, which led to an increase in the cost of feedstock, and prices needed to be raised to compensate for this increase. Disciplined supply by producers that restricted low-price sales on account of reduced margins, along with cautious purchasing by end users, supported the prices by the close of the quarter.
Europe
In Europe, the prices of adipic acid were largely driven by the movements in feedstock costs and global supply dynamics. The increase in the cost of inputs such as benzene and crude oil resulted in higher production expenses that positively impacted the prices during the quarter. Nevertheless, the demand from the downstream sector, such as nylon applications, remained cautious, limiting price hikes.
North America
The price trend of adipic acid in North America was consistent with the uptrend in the European market. Adipic Acid prices continued to rise, backed by the high feedstock costs and steady demand from the major downstream markets. Production economics continued to be pressured by the increasing cost of inputs, resulting in producers maintaining strong pricing policies. The demand for nylon and its associated uses was stable, but conservative consumerism prevented further growth.