华峰化学：目前己二酸行业整体盈利水平属于历史底部区域

Core Viewpoint - The adipic acid industry is currently experiencing low overall profitability, situated at a historical bottom, and is undergoing a phase of survival of the fittest with further concentration of production capacity [1] Industry Summary - The adipic acid industry is facing short-term pressures such as intensified competition, unmet demand expectations, and fluctuations in raw material prices [1] - However, the release of downstream demand, driven by economic recovery and "anti-involution" policies, is expected to significantly boost the consumption growth of adipic acid products [1]