2010-02-01 [Source: Pudaily]

PUdaily, Shanghai-Adipic acid marketing prices last week were running at the high level. The spot prices for imports continue to go up driven by home-made prices. Downstream clients' acceptance for marketing prices are improving and shoe soles producers raise products prices to transfer risks at the earliest.

In terms of the situation next week, current marketing quotations have reached its high level and it is impossible for prices to go up constantly. There are large differences between transaction price and quotations; while this difference will be shrunk along with downstream client's acceptance.

The marketing prices in the domestic trading markets will be adjusted steadily next week.