Adipic Acid Price | Current and Forecast
Monitor Adipic Acid Prices Worldwide
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See 7 monthly Adipic Acid price assessments covering 7 locations: United States, South America, Europe, Southeast Asia, Northeast Asia, Middle East and Africa. Also check Adipic Acid price history since 2007 and forecasts. The chart below is a sample of Intratec Primary Commodity Prices - subscribe now and gain access to current prices of 226 commodities, including Adipic Acid.
Data Legend. The Adipic Acid price chart shows the prices in USA Dollar per metric ton (USD/mt) as follows:
- US: Adipic Acid, United States, transaction, fob
- SAM: Adipic Acid, South America, transaction, fob, Brazil
- EUR: Adipic Acid, Europe, transaction, cif, Netherlands
- SEA: Adipic Acid, Southeast Asia, transaction, cif, Singapore
- NEA: Adipic Acid, Northeast Asia, transaction, cif, Japan
- MDE: Adipic Acid, Middle East, transaction, cif, Saudi Arabia
- AFR: Adipic Acid, Africa, transaction, cif, South Africa
Data Use. Adipic Acid prices are provided as an annual subscription where subscribers have access to reliable pricing data of 226 commodities worldwide. To better understand data provided by Intratec Primary Commodity Prices, check the following documents: Price Assessment Basis , Commodities Specifications , Methodology , User Guide , and Glossary .
Intratec Primary Commodity Prices
Track global current prices of 226 commodities including Adipic Acid
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Price History & Forecasts
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Price Dynamics. The Adipic Acid price in United States increased during December 2018 to 1,590 USD per metric ton, which represents a slight rise of 1% compared to the previous month’s value. On a year-over-year basis, Adipic Acid prices in United States increased significantly by 7%. Meanwhile, in Netherlands, the average price of Adipic Acid amounted to 1,420 USD per metric ton, from 1,540 USD per metric ton one year earlier. On a month-over-month basis, the Adipic Acid price in Netherlands is 0.7% higher than the price one month before.
The price of Adipic Acid in Japan rose slightly throughout December 2018, reaching 1,460 USD per metric ton. The price in Japan is 0.7% higher than the average price in the previous month and 9% higher than the average price one year before. In contrast, Adipic Acid prices in Singapore decreased during December 2018, reaching 1,200 USD per metric ton, which means a decline of 4% from the previous month’s price and a decline of 14% from the previous year’s price.
The Adipic Acid prices in Saudi Arabia experienced a modest decline of 20 USD per metric ton from the prior month's price, to 1,260 USD per metric ton. Such price movement in Saudi Arabia meant a decrease of 2% on a monthly basis and a decrease of 5% on a yearly basis. On the other hand, in December 2018, the Adipic Acid price in Brazil witnessed a decline of 10 USD per metric ton when compared against the previous month's price, to 1,380 USD per metric ton. The December 2018 price in Brazil is 5% higher than the price one year before.
In South Africa, the average price of Adipic Acid was 1,370 USD per metric ton on December 2018 – a sharp decrease of 170 USD per metric ton, or 11%, compared with the previous month. On a year-over-year basis, the Adipic Acid price in South Africa is 13% lower than the price one year before.
About Adipic Acid. Adipic Acid (a.k.a. Hexanedioic Acid, Bio-Adipic Acid) is one of the most important aliphatic dicarboxylic acids, with about 2.5 billion kilograms being produced per year. It is isolated as odorless, colorless crystals having an acidic taste. Adipic Acid undergoes the reactions of carboxylic acids, reacting at one or both carboxylic acid groups to form salts, esters, amides, nitriles, etc. Actually, because of the bifunctional nature of this acid, it is used in a number of industrial polymerization processes.
Commercial production of Adipic Acid has been predominantly based on cyclohexane and, to a lesser extent, phenol. In light of shifts in hydrocarbon pricing, alternative Adipic Acid production routes have been researched, mainly based on butadiene and cyclohexene feedstocks. Adipic Acid may also be produced from renewable sources - in such cases, it may be referred to as Bio-Adipic Acid or Green Adipic Acid.
Adipic acid, when dispersed as a dust, is subject to dust explosion, so the acid is conveyed pneumatically (or mechanically) from the drying equipment to the shipping or storage container. The material should be stored in corrosion-resistant containers, away from alkaline or strong oxidizing materials. The containers can be made of aluminum or stainless steel, and the quantities range from 50 lbs (22.7 kg) bags to 200,000 lb (90.9 t) hopper cars. In storage, adipic acid tends to cake, depending on particle size and moisture content, so it is recommended to use hermetically closed containers in storage. It is regulated only in packages of 2.3 t (5000 lb) or more (hopper cars and pressure-differential cars and trucks).
Raw materials and the respective production processes employed in the manufacturing of Adipic Acid are listed below.
- Cyclohexane + nitric acid (two stage oxidation),
- Phenol + hydrogen + nitric acid (hydrogenation/oxidation),
- Butadiene + carbon monoxide + water (hydrocarboxylation)
The uses and applications of Adipic Acid may vary according to its specification. The main forms of Adipic Acid are technical grade (99.7% minimum purity) and Food Chemical Codex grade (FCC, 99.6% minimum purity).
