The supply side in the US adipic acid market remained in balance during the assessed week. The prices of upstream benzene increased by **, but this was offset by flat feedstock cyclohexanone prices鈥攚hich eased overall production expenses and aided a balance in margins for US makers.
The US manufacturing environment remained in an expansion mode, which remained a supportive factor for Adipic acid production. Import volumes from Asia and Europe remained strong鈥攚hich absorbed a ** increase in Drewry&#**;s World Container Index鈥攊ncreasing shipping prices but not impacting favorably in terms of delivered economics.
Minor vendor delays because of tariffs and shipping remained in place, but Adipic acid imports were not affected since domestic demand remained flat. Production in plants remained uninterrupted with minimal shutdowns, and inventory positions in both producers and vendors remained in balance.
Adipic acid consumption in the US...
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