Adipic Acid Prices in India (Business Opportunities - Advertising Service)
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Adipic Acid Prices in India | |
The Delhi chemical market is currently witnessing a significant downturn in the prices of Adipic Acid, a key raw material used across diverse industries such as nylon production, polyurethane, plasticizers, and coatings. This decline in prices has caught the attention of industry stakeholders and reflects a complex interplay of global trends, domestic demand-supply dynamics, and raw material cost adjustments. According to recent data collected by Indian Petrochem, the price of adipic acid in the Delhi market has declined by Rs.5/kg today, 4th July 2025, from Rs.143/kg to Rs.138/kg. This reflects a substantial decline after a long period of price stability and has caused concern among industry stakeholders. Understanding Adipic Acid: A Brief Background:- Adipic Acid (C₆H₁₀O₄) is a dicarboxylic acid primarily used in the production of Nylon 6,6, accounting for nearly 60% of global consumption. It is also used in the manufacture of polyurethane resins, plasticizers, lubricants, food additives, and pharmaceuticals. Due to its widespread industrial applications, the price trend of Adipic Acid often reflects broader economic activity in downstream sectors like automotive, textiles, footwear, coatings, and packaging. Recent Price Trends in Delhi: In recent weeks, the Delhi chemical market has seen a steady fall in Adipic Acid prices. The downward trend was particularly evident in the last 10 days of June and intensified in early July. This marks a total decline of Rs.5/kg within a two-week window, signaling a clear shift in market sentiment. Key Factors Behind the Price Decline:- 1. Weak Demand from Nylon Manufacturers- The major reason behind the price slide is the decline in demand from Nylon 6,6 manufacturers, both domestically and globally. In India, the textile and automotive sectors—key consumers of nylon—have been witnessing muted growth, leading to lower production runs and reduced procurement of raw materials like Adipic Acid., Manufacturers are sitting on higher inventories, and many are resorting to destocking rather than fresh purchases, putting downward pressure on prices. 2. Softening of Crude Oil and Feedstock Costs- Adipic Acid is derived from cyclohexanone, which in turn is derived from benzene—a crude oil derivative. The recent softening of global crude oil prices and weakening of benzene and cyclohexanone prices have led to a reduction in raw material costs, allowing suppliers to reduce selling prices. Benzene prices fell by nearly 3% globally in late June. Prices of cyclohexanone also fell as a result of lower feedstock costs and an oversupply in Asian markets, Adipic Acid Prices in India, Indian Adipic Acid Prices, Indian Prices Adipic Acid, IndianPetrochem. #AdipicAcidPricesinIndia #IndianAdipicAcidPrices #IndianPricesAdipicAcid #IndianPetrochem. | |
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| Target State: All States Target City : Delhi Last Update : Jul 04, 2025 9:09 AM Number of Views: 38 | Item Owner : Indianpetrochem Contact Email: Contact Phone: (None) |
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2025-08-13 (0.495 sec)