Adipic Acid

Prices U.S.: $1.04-$1.07/lb freight equalized, June contracts EUROPE: €1,765-€1,840/m.t. del, June contracts ASIA: $1,900-$2,000/m.t. c&f Asia, July contracts Outlook Adipic acid supply and demand has been balanced recently with healthy demand for nylon and polyurethane (PU) production, market sources say. Demand from Asia has been strong, they add. U.S. producers succeeded in raising adipic acid prices by 5 cts/lb during May and June, says Peter Chandler, polyamide intermediates specialist at Tecnon OrbiChem (London). U.S. prices have been buoyed...

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