Daily Review: ADC Foaming Agent Market Prices Edge Lower Amid Balanced Supply and Demand

On January 28, the ex-factory prices for ADC blowing agent in the market were flexible and declining, with the overall supply and demand relationship in the market being moderate. The current average price of ADC blowing agent in the Chinese market is 15,400 yuan/ton, a decrease of 50 yuan/ton compared to the previous working day, a drop of 0.32%.

Today, the domestic ADC foaming agent market showed a mild performance. This week, mainstream large manufacturers in the Northwest region lowered new order transaction prices by 100 yuan/ton. In Jiangxi, mainstream large manufacturers saw moderate shipments with stable prices. New order transaction prices in other regions largely followed the downward trend of major Northwest manufacturers. On the supply side, domestic ADC foaming agent production units are generally operating normally. Furthermore, major manufacturers in the Northwest region maintain a weekly auction volume of 4500 tons, indicating ample market supply. On the demand side, downstream users are currently purchasing mainly for immediate needs, leading to a mild atmosphere for new order transactions. However, downstream users will soon be preparing for holidays, which is expected to dampen their purchasing sentiment for ADC foaming agents. Market participants lack confidence in the ADC foaming agent market during the Spring Festival, thus current purchasing sentiment is cautious, and ex-factory prices remain stable. Current price references for ADC foaming agents: ex-factory prices for mainstream manufacturers in the Northwest region are around 14,500 yuan/ton, and delivered prices for general grade material in East China are around 15,700 yuan/ton.

Market Forecast: It is expected that the ADC foaming agent market tomorrow will primarily focus on delivering previous orders. Companies are currently experiencing moderate shipment levels. The market supply and demand dynamics are not expected to change significantly in the short term, with a moderate pace of shipments. Prices are expected to remain stable. We will continue to monitor changes in companies' shipment sentiment during the Spring Festival period. The current average market price is referenced at 15,400 yuan/ton.