Adipic Acid Price In India | |
In a recent development reported by Indian Petrochem sources, the cost of Adipic Acid has witnessed a significant upswing in the Delhi market. This surge is primarily attributed to disruptions in the supply chain, and initial forecasts indicate a sustained shortage, exerting considerable downward pressure on prices in the near future. The escalation in adipic acid prices is linked to heightened demand across various sectors, including nylon production, the paper industry, and the cosmetic sector. Adipic acid plays a crucial role in nylon production, and the increased demand in this sector is a key factor driving the surge in its prices. The pricing of adipic acid is intricately tied to the availability of raw materials like cyclohexanol and cyclohexanone, as well as the demand from end-use industries such as food and beverages, textiles, pharmaceuticals, and personal care. Notably, the geopolitical tensions in Eastern Europe have disrupted the raw material supply chain, with BASF being the primary producer, leading to an expected rise in adipic acid prices in North America and Europe between | |
Target State: All States Target City : All Cities Last Update : Feb 14, 2024 3:34 AM Number of Views: 52 | Item Owner : indianpetrochem Contact Email: (None) Contact Phone: (None) |
Friendly reminder: Click here to read some tips. |