According to the data monitored by the business agency, the average ex factory price of domestic light potassium carbonate was 6212.50 yuan / ton in July. The current price was flat on a month on month basis, and the current price was down 5.51% year on year.

In July, the domestic potassium carbonate market was stable, the operation of potassium carbonate market was tepid, the trading atmosphere was cold, and the demand side was weak, resulting in the consolidation of potassium carbonate price. The actual trading volume of the market is relatively general. At the same time, the plant operating rate of the manufacturer is low, the overall inventory is low, and the purchasing market momentum is general. The domestic potassium carbonate market is volatile and consolidation. According to the statistics of the business agency, the mainstream factory quotation range of domestic industrial grade potassium carbonate in July is about 6000-6400 yuan / ton (the quotation is for reference only), and the quotation is different according to the purchase situation.

In the near future, the quotation of mainstream manufacturers of potassium chloride is temporarily stable: the ex factory offer of Qinghai Salt Lake potassium chloride is 1820 yuan / ton, which is temporarily stable compared with the beginning of the week; the quotation of Anhui Badou potassium chloride distribution at weekend is 1850 yuan / ton, which is temporarily stable compared with the beginning of the week. This week, the actual transaction of potassium chloride market is not good. Overall, the main contradiction in the market is that the supply exceeds demand, the trading atmosphere is cold, the downstream procurement is mainly required, the overall inventory is low, and the domestic potassium chloride market is stable. Limited support for potassium carbonate.

Potassium carbonate analysts of the business club believe that the domestic potash fertilizer market has been straightened out in the near future, the supply of goods is relatively sufficient, and the actual transactions in most regions are relatively weak. It is expected that the price of potassium carbonate will mainly fall below in the short term, and the long-term market still needs to wait and see. (the above prices are provided by major potassium nitrate manufacturers all over the country and analyzed by potassium carbonate analysts of business club for reference only. Please contact relevant manufacturers for more price details.).

1、 Price trend of lithium hydroxide

(Figure: P value curve of lithium hydroxide products)

2、 Market analysis

On July 29, the market of lithium hydroxide stabilized temporarily. As of July 29, the average price of domestic industrial grade lithium hydroxide enterprises was 54666.67 yuan / ton, which was flat compared with the previous trading day, with a three-month cycle falling by 4.09% year-on-year. At present, the orders of battery grade lithium hydroxide manufacturers are stable, and the market demand of industrial grade lithium hydroxide is relatively stable. On July 28, the commodity index of lithium hydroxide was 130.16, unchanged with yesterday, 65.88% lower than the highest point of 381.48 (2016-09-12) and 30.16% higher than the lowest point of 100.00 on September 04, 2014. (Note: period refers to 2014-09-01 to now)

According to customs statistics, in June 2020, China’s import volume of lithium hydroxide was 109.27 tons, the import amount of that month was about 760000 US dollars, and the average import price of that month was 6914.39 US dollars / ton; in June 2020, China’s export volume of lithium hydroxide was 4350.46 tons, the export amount of that month was about 40.98 million dollars, and the average export price of that month was 9420.3 dollars / ton.

In July, the price of lithium carbonate in East China showed an upward trend, and the prices of industrial carbon and electric carbon increased to varying degrees. As of July 29, the average price of industrial grade lithium carbonate in East China was 39700 yuan / ton, which was 260 yuan / ton higher than that at the beginning of the month (the average price of industrial carbon in East China was 39440 yuan / ton on July 1), up 0.66%. On July 29, the average price of battery grade lithium carbonate in East China was 44900 yuan / ton, which was 700 yuan / ton higher than that at the beginning of the month (the average price of carbon in East China was 44200 yuan / ton), up 1.58%.

3、 Future forecast

Lithium hydroxide analysts from the business club believe that the price of upstream lithium carbonate has slightly increased, but the rising space is narrowed, the cost support is limited, and the market demand for industrial grade lithium hydroxide is relatively stable. It is expected that the market of industrial grade lithium hydroxide will be stable in the short term.

1、 Price data:

According to the data monitoring of the bulk list of business associations, after several months of weakness, the price of bromine in Shandong began to callback. As of July 28, the average price in Shandong was about 27111 yuan / ton, which was 3.17% higher than the lowest price in July 17, and 14.9% lower than the same period last year.

2、 Cause analysis

Product: at the beginning of this month, the domestic bromine price continued to be weak in the early stage. Affected by the poor demand in the downstream market, the bromine price continued to decline. After the middle of the month, affected by the policy and the coming of the flood season, the spot supply of the market decreased, and the industry’s expectation of the future market supply of bromine decreased. In addition, the enterprise’s inventory pressure was not obvious, the enterprise’s price intention was good, and the market was enthusiastic Market demand is still weak. At present, mainstream bromine enterprises offer about 27000-27500 yuan / ton.

Industrial chain: the sulfur market is high consolidation, the price is falling and then stable, the overall market trading is still weak, the negative mood in the industry is spreading, at present, about 623 yuan / ton; the price of mainstream manufacturers in sulfuric acid market rises slightly, the inventory of manufacturers is small, the downstream demand is strong, and the product trend is upward under the contradiction between supply and demand, at present, the product trend is about 427 yuan / ton; the domestic liquid alkali price is stable and soft in the month, which coincides with the weak demand for caustic soda In the quarter, the price is mainly stalemate. The weakening of downstream demand leads to price weakening. Shandong has a stable performance. Although the northwest is driven by maintenance, the inventory of caustic soda continues to increase, at present, it is about 497 yuan / ton. The main downstream flame retardant market purchase of bromine is still mainly based on rigid demand, and the market start-up is flat, and the industries such as pharmaceutical and pesticide intermediates are generally started, and the demand side does not support the price of bromine.

3、 Future forecast

According to the bromine industry analysts of the business society, the domestic bromine market is gradually returning to normal, and the spot supply is stable. However, the downstream flame retardant market continues to be weak, and the enterprises’ receiving situation is not good. In the long run, the bromine price is not supported enough, and it is expected to remain stable after rising in a short period of time.

According to the price monitoring of the business agency, the overall domestic cocoon and silk market showed a downward trend in July, and the price recovered slightly in the late ten days due to the impact of favorable policies. As of July 27, the average market price of raw silk was 270500 yuan / ton, down 7.20% from the beginning of the month. The average price of dried cocoon market was 90000 yuan / ton, down 5.26% from the beginning of the month. At present, the price of dried cocoon is 91000 yuan / ton in Jiaxing of Zhejiang Province, 270000 yuan / ton of raw silk, 89000 yuan / ton of dried cocoon and 271000 yuan / ton of raw silk in Guangxi.

In July, the characteristics of textile off-season showed, and the spot price of cocoon and silk remained weak. On July 17, four departments including the Department of industry and information technology of Guangxi Zhuang Autonomous Region issued a notice on printing and distributing the financial subsidy work plan of Guangxi raw silk pledge guarantee loan. On the afternoon of the 21st, the Forum on promoting the financial subsidy work of Guangxi raw silk pledge guarantee loan was held in Nanning. All parties discussed the important links and implementation means of the financial subsidy scheme jointly issued by the four departments on the 17th. More details will be improved in the supplementary documents. With this boost, the downstream inquiry and transaction have increased, and some manufacturers negotiate more smoothly, and the positive intention to take goods is enhanced. However, the lack of terminal consumption power has become the biggest pressure on the price rise of cocoon silk. In the off-season of domestic sales and export sales, transactions are still weak, and the overall downturn of the industry has not changed, limiting the upward space.

At the end of the month, the purchase of summer cocoons in various silkworm regions in Guangxi has been completed one after another, and most manufacturers have stopped their summer cocoon collection work. There are only a few cocoons in circulation in the market in Yizhou silkworm District, which will gradually enter the stage of summer cutting. The purchase price of a cocoon Station in Liucheng is 29-30 yuan / kg, which is about 55-60 yuan / kg. In Sichuan and Mianyang Youxian District, the purchase of fresh cocoons in summer is almost over. The average purchase price of fresh cocoons is about 33 yuan / kg. According to the quality, the highest price is about 36 yuan / kg, and the lowest price is about 28 yuan / kg. Yunnan Dayao fresh cocoon purchase is still in progress. The purchase price of a cocoon Station in Shiyang town is 36-37 yuan / kg, and the cocoon quality is good.

From the perspective of the textile industry, it is understood that in June, the total retail sales of clothing, footwear, knitwear and textiles reached 105.9 billion yuan, a decrease of 0.1% compared with the same period last year. From January to June, the total retail sales of clothing, shoes, hats and knitwear were 512 billion yuan, with a decrease of 19.6% over the same period. In terms of export, driven by the significant increase in the export of related anti epidemic materials such as masks and protective clothing, China’s textile and clothing exports achieved the first year-on-year positive growth in this year. According to China’s customs data, from January to June 2020, China’s textile and clothing cumulative export volume is 125.188 billion US dollars, a year-on-year increase of 3.16%, of which the cumulative export of textiles is 74.103.3 billion US dollars, with a year-on-year increase of 27.81%.

Despite the rapid growth of textile exports driven by the export of masks and other related anti epidemic materials, the overall consumption confidence of the international market has continued to decline, and the consumption capacity has declined significantly. The export situation in the terminal field is still not optimistic, among which the export of China’s clothing products continues to decline. According to the customs data, from January to June 2020, China’s accumulated clothing exports amounted to US $51.084 billion, a year-on-year decrease of 19.39%, still continuing the downward trend, accounting for 40.8% of the total textile and clothing exports in the same period.

Business agency analysts believe that the current foreign trade is facing a significant increase in uncertainty and instability, the export market recovery is slow, there are variables, and the export side is still under pressure. With the deepening of the off-season atmosphere in China, the power is insufficient and the terminal demand is weak. However, the introduction of Guangxi’s financial subsidy program at the end of the month may effectively solve the financial difficulties of enterprises, bringing favorable support to the market and boosting market confidence. Therefore, it is expected that the price of cocoon and silk will continue to decline in August, but the decline will be narrowed.

1、 Price trend:

According to the data from the business club’s bulk list, the domestic PA6 market weakened in the fourth week of July, with most brands of spot significantly reduced. As of July 24, the mainstream offer price of 2.75-2.85 from the traders was about 11000.00 yuan / ton, which was 9.84% lower than the average price at the beginning of the month.

2、 Analysis of influencing factors:

The overall market of caprolactam in the upstream of PA6 fell this month. According to the data from the bulk list of business associations, as of July 24, the average domestic ex factory price of caprolactam was about 9600.00 yuan / ton, which expanded to 7.69% compared with the average price level at the beginning of the month. Last month, crude oil had strong support for pure benzene, and caprolactam was supported at the bottom of the market. Entering this month, pure benzene port inventory appeared high, pick up speed began to slow down. Due to the increase of inventory in Shandong local refining enterprises, it is difficult to release the inventory pressure, which hinders the price rise of pure benzene. Recently, the raw material price is mainly stable, and the cost side support is limited. The downward trend of caprolactam is still in the trend. In addition, sufficient supply, poor downstream demand, the overall market is weak. Caprolactam prices are expected to continue to fall in the future.

In the fourth week of July, PA6 market was also mainly affected by the negative effect of upstream caprolactam, and the market price was closely related. At the beginning of the month, the highest point was 12200.00 yuan / ton. Since then, the spot price of PA6 continued to “float green”, and merchants actively shipped goods to reduce their positions. At present, the domestic PA6 market inventory is still high and there is a risk of accumulation, and businesses are going to take orders at a low price near the end of the month. The lower reaches of the main replenishment operation, the strategy is biased towards rigid demand procurement. Demand follow-up is not timely, in addition to the inventory is too much, business bearish aftermarket, the market mentality is not strong, the transaction atmosphere is general.

3、 Future forecast:

Business agency analysts believe that: in the fourth week of July, domestic PA6 market fell, and spot prices of various brands decreased significantly. The trend of caprolactam in the upstream decreased obviously, and the support for the cost side of PA6 was weakened. The demand of downstream slicing plants is weak, and the strategy of bargain hunting is the main strategy. The improvement of PA6 trading volume is limited, and businesses are generally short of the future market and sell profits and reduce positions. It is expected that PA6 market will continue the weak trend in the near future.

1、 Price trend of propylene oxide

(Figure: P value curve of propylene oxide product)

2、 Market analysis

Recently, the market of propylene oxide has risen slightly. As of July 22, the average price quoted by propylene oxide enterprises was 10200 yuan / ton, up 1.32% compared with last Monday (July 13) and 2% higher than that on June 22 (10000 yuan / ton), according to the data of the bulk list of business associations. At present, there is no pressure in the propylene oxide plant for the time being, the downstream just needs to replenish, and the new orders in the market can be concluded.

Regional July 13 July 22 remarks

RMB 9850-10000 / T, RMB 10050-10200 / T

In East China ￥ 10150-10250 / T ￥ 10400-10500 / T

RMB 9800 / T, RMB 10000-10100 / T in South China

On July 21, the market price of upstream propylene rose in Shandong. According to the price chart of the business agency, the recent price of propylene fluctuates periodically, with a relatively stable price range. Since the beginning of July, the price has been continuously reduced by 200-250 yuan / ton. From June 6 to 9, the price has been adjusted back by about 250 yuan / ton. On October 10 and 11, the price has been roughly flat. Since the 12th, the price has declined for a second time. Now, it has declined by 150-200 yuan / ton, and it has remained stable again since 17th. On the 19th, some enterprises have slightly increased. On the 20th, most enterprises have started to adjust, and today’s prices have increased by 50 yuan / ton, The market turnover reached 6670-7050 yuan / ton, and the mainstream price was about 6800 yuan / ton. At present, the inventory pressure of propylene manufacturers is not big, but the shipment is general, the crude oil price is slightly cold, the overall downstream market operating rate is acceptable, and the downstream purchasing enthusiasm is weak, and the market trading is stable. Now the price has begun to rise, but it has not reached the upper limit of the oscillation range. Therefore, it is expected that the propylene price will continue to rise in the near future, which has a good support for propylene oxide.

According to the price monitoring data of the business agency, as of July 21, the reference average price of domestic n-propanol with packaging in mainstream areas was around 11900 yuan / ton, which was flat compared with the price on July 1. As of July 21, the downstream soft foam polyether was in short supply, and the downstream just needed to purchase. Under the support of superimposed cost, the focus of market negotiation moved up as a whole.

3、 Future forecast

The propylene oxide analysts of the business agency believe that the current market price of propylene oxide is rising, the price of liquid chlorine is falling, the downstream needs to follow up, and the market trading atmosphere is fair. It is expected that in the short term, the propylene oxide market will be mainly stable, and more attention should be paid to the interest guidance in all aspects of the market.

1、 Price data:

According to the data monitoring of the bulk list of business associations, after a long period of weak operation, the price of bromine in Shandong gradually rebounded. As of July 21, the average price in Shandong was about 26833 yuan / ton, up 2.11% compared with July 17, and the overall price dropped by 15.77% compared with the same period last year.

2、 Cause analysis

Products: at present, the price of bromine in Shandong Province is rising steadily, and the accumulative price increase range of each enterprise is about 500-1000 yuan / ton. Most enterprises ship normally. Affected by the policy and the coming of the flood season, the supply of bromine market in the future is expected to decline. In addition, the enterprise’s inventory pressure is not obvious, the enterprise’s price intention is good, and the market is enthusiastic. The downstream market is still in demand. At present, the mainstream bromine enterprises offer 26500-27500 yuan / ton.

Industrial chain: the sulfur market is weak, the supply of goods is sufficient, and the trade in the industry is light, at present, it is about 623 yuan / ton; the market of sulfuric acid is stable, the cost is generally supported, some sulfuric acid manufacturers are under started, the load is reduced, the downstream purchasing enthusiasm is general, the supply of sulfuric acid is normal, the factory price of sulfuric acid in the future market is slightly fluctuating, at present, about 427 yuan / ton; the price of domestic liquid alkali is basically stable It is expected that the price of caustic soda in Shandong will be weak in the later stage, with 507 yuan / ton at present. The main downstream flame retardant market of bromine is still mainly based on rigid demand, and the market starts to be flat. The industries such as pharmaceutical and pesticide intermediates are under started, and the demand side does not support the price of bromine.

3、 Future forecast

Analysts of the bromine industry of the business society believe that the overall domestic bromine market is in a tight balance state, and the decline in supply side supports the exploration of bromine price. Due to the continuous weak performance of the demand side, it is expected to rise slightly in a short time, so attention should be paid to bromine supply in the future.

According to the data monitored by the business agency, as of July 20, the price quoted by pet water bottle manufacturers was 5500 yuan / ton, which was 1.79% lower than that in the same period last week. The focus of negotiation is low, and most enterprises have lowered their prices. At present, the mainstream price range is 5400-5500 yuan / ton.

Pet market is in a weak position, with high inventory, low negotiation atmosphere, insufficient follow-up of downstream demand, and inactive purchasing attitude. Most of them just need to purchase, international crude oil continues to decline, and polyester bottle chip supply is further increased. At present, the mainstream manufacturers in East China offer around 5400-5500 yuan / ton, the mainstream market negotiation is around 5300-5400 yuan / ton, and the current price of Xiamen Tenglong is 5500 yuan / ton Guangdong Taibao 5500 yuan / ton, Zhuhai China Resources 5500 yuan / ton, Zhejiang wankai 5500 yuan / ton, Yizheng Chemical fiber 5400 yuan / ton, the demand is difficult to ease, the raw materials lack of good support.

The upstream PTA market continued to operate at a low level, and the weakness was explored. It was difficult to form a good support for the pet cost. The market negotiation focus was weak, and the main idea was to wait and see carefully. The raw material ethylene glycol was in a weak position. The price dropped, the center of gravity moved down, and the number of transactions was limited.

On July 19, the rubber and plastic index was 621 points, unchanged with yesterday, down 41.42% from 1060 (2012-03-14), and 17.61% higher than the lowest point of 528 on April 06, 2020. (Note: period refers to 2011-12-01 to now)

Pet analyst of business agency thinks: pet market maintains a downward trend in the short term, and the fatigue is hard to change. (the above prices are provided by major pet manufacturers all over the country and analyzed by pet business analysts for reference only. Please contact relevant manufacturers for more price details.)

1、 Price trend

According to the monitoring of business agency, the price of steam coal decreased slightly this week. On July 13, the average port price of steam coal remained at 596.25 yuan / ton, and on July 17 it was 591.25 yuan / ton, a slight decrease of 0.84%. On July 16, the commodity index of steam coal was 71.51, down 0.18 points compared with yesterday, 30.58% lower than the highest point 103.01 (2011-11-15), and 59.98% higher than the lowest point 44.70 on January 20, 2016. (Note: period refers to 2011-09-01 to now).

2、 Analysis of influencing factors

In terms of production areas, Shaanxi and Inner Mongolia have low purchasing enthusiasm due to the rise of coal price and the enhancement of precipitation in ports, and the increase of coal price is narrowed. Some coal mines have a small amount of inventory due to poor shipment; the production and sales in northern Shanxi are balanced, and the coal market is operating smoothly, and most of the prices are stable. According to the data of the National Bureau of statistics, in June, China’s raw coal output was 334.28 million tons, a year-on-year decrease of 1.2%, and the decline rate was 1.1 percentage points higher than that of the previous month; the average daily output was 11.14 million tons, with a month on month increase of 860000 tons. From January to June, China’s raw coal output reached 1805.41 million tons, up 0.6% year on year.

In terms of downstream power plants, the mainstream closing price of 5500 kcal steam coal is 590-593 yuan / ton, and the closing price of 5000 kilocalories is 535-541 yuan / ton. The recent surge in precipitation in southern China has seriously affected hydropower generation. The purchase of coal by downstream power plants has dropped slightly, and the demand for coal is slightly lower. At the same time, under cloudy and rainy weather, the temperature is low, and the residential electricity demand has not been fully released, and the daily consumption has increased in general. Coastal power plant inventory rose slightly.

In terms of import, the data released by the General Administration of Customs on July 14 showed that in June 2020, China’s coal imports were 25.286 million tons, a year-on-year decrease of 1.812 million tons or 6.69%, and an increase of 3.229 million tons, or 14.64%, compared with 22.057 million tons in May. From January to June 2020, the country imported 173.991 million tons of coal, a year-on-year increase of 12.7%. There is no sign of relaxing the import coal restriction policy, and the customs clearance restrictions are still strict, but the market activity of imported coal has slightly increased compared with the previous period, and the demand is partially released.

According to the forecast of the National Meteorological Administration, there will still be heavy rainfall in the Yangtze River and Huaihe River Basin in the next ten days, and the power plant will have sufficient time to replenish the reservoir. At present, the transportation is mainly based on the cash of long-term cooperation, and the cashing of low-cost long-term cooperative coal plays an important role in stabilizing the market. Generally speaking, there is still room for a small reduction of steam coal in the later stage, and then the steam coal will be put into operation within the range according to the downstream market demand.

Commodity index: on July 13, the BPI of bulk commodity price index was 752 points, up 2 points compared with yesterday, 26.20% lower than the highest point of 1019 points (2012-04-10), and 13.94% higher than the lowest point of 660 points on February 3, 2016. (Note: cycle refers to the period from April 1, 2019 to now)

Price quotation: Business Association (100 ppi.com ）According to the monitoring data, the market of Polyacrylamide in July has shown a downward trend compared with that at the end of June. At present, many companies have lowered their prices in the first half of this month, and the overall range is not very large. On July 1, 2020, the mainstream market quotation was 13960 yuan / ton, which was about 60 yuan / ton lower than the average price of 14020 yuan / ton on June 30. On the 14th of this month, the price was about 13920 yuan / ton, which was about 40 yuan / ton lower than that at the beginning of this month. In the first half of this month, it was slightly reduced by 0.29%, but it was reduced by 0.71% compared with the end of last month.

Factor analysis:

First of all, from the perspective of industrial chain. Upstream acrylonitrile: from January to June 2020, the domestic market price will drop sharply first, and then it will continue to adjust to a certain extent. Since the second half of April, it stopped falling at 6350 yuan / ton. After stabilizing for half a month, it started to rebound from May. The half month quotation went up by 800 yuan / ton to 7150 yuan / ton, and the mainstream quotation in the second half of the month was about 8000 yuan / ton. In June, it was stable at around 8550 yuan / ton in the middle of June, and continued to rise in the last ten days, with the highest value reaching about 8800-8900 yuan / ton, and then it was adjusted back to 8400 yuan / ton at the end of the month. In July, the price of acrylonitrile continued to fall. By the 13th, the price of acrylonitrile had dropped by about 1100 yuan / ton, and the mainstream quotation was 7300 yuan / ton. In terms of upstream raw materials, the price of raw material propylene remained between 6500-7000 yuan / T, which led to the high pressure of acrylonitrile cost; in terms of units, the load of acrylonitrile unit of silbon Petrochemical Company resumed production in four lines on June 10, and the annual production capacity of Zhejiang Petrochemical was 260000 tons. The unit was put into trial production on June 23. The current operating load was 80%, and the start-up rate of ABS industry was maintained above 90%; the startup rate of acrylic fiber industry was maintained at above 90% Over 70%, the current domestic main manufacturers of acrylonitrile production is normal, the daily production is high, and the industry inventory is rising. Downstream demand: the demand for polyacrylamide has not improved greatly so far this year, and the manufacturers have great sales pressure. Due to the comprehensive influence of demand and cost, the prices of several polyacrylamide manufacturers have been reduced to some extent compared with June.

Secondly, the manufacturer production angle. According to the investigation, Henan Province, one of the main producing areas of polyacrylamide, has normal production and high inventory. Since July 1, many manufacturers have lowered their prices. Although the range is small, there are many price adjustments. So far in the first half of the month, some manufacturers have lowered their prices twice, and some manufacturers’ prices remain stable. The current price: cation: molecular weight: 12 million (10-30 ions) For anions, the quoted price is 6800-9600 yuan / ton for 10 million yuan, 7800-10500 yuan / ton for 12 million molecular weight, 9000-11500 yuan / ton for 14 million molecular weight solid particles, 9600-10500 yuan / ton for 16 million solid particles, 10400-11000 yuan / ton for 18 million molecular weight solid particles, 12000-12500 yuan / ton for 18 million-20 million molecular weight powder particles, respectively Ion: the quoted price is about 12000-13000 yuan / ton; generally, there is a reduction of about 100-200 yuan / ton at the lowest price position. The overall reduction range is different, and some specifications of some manufacturers have been reduced by 1000 yuan / ton. In general, the sales pressure of manufacturers and distributors is huge, and enterprises are helpless for the current situation. The current price has reached the low price level, and there is almost no room for downward trend. However, the prospect is still not so optimistic.

Thirdly, industry perspective. Since 2020, the prosperity of environmental protection water treatment industry is poor. During the period from January Spring Festival holiday to February 20, relevant enterprises in main production areas stopped production and delayed to resume work. After February 20, the manufacturers in the main production areas gradually returned to work and production. In March, logistics returned to normal, mainly consumed inventory. In April, the manufacturers survived normally, and the raw material cost was partly reduced and the demand was weak, which led to the high inventory of manufacturers. On May 6, the national high-speed recovery of charges, the price of acrylonitrile and other raw materials rose, the ex factory price of polyacrylamide did not change much, and there were more stocks; with the upstream propylene of acrylonitrile rising in the industrial chain relationship of “propylene PP melt blown cloth mask”, the production capacity of acrylonitrile manufacturers decreased this month, which directly led to the firm price of acrylonitrile. In July, the price of acrylonitrile dropped sharply and the cost of polyacrylamide was lowered. In fact, the cost of raw materials hoarding by manufacturers determines the current price and cost, and the impact on production cost is also different. As far as the whole industry is concerned, the market trend is determined by the cost reduction and poor demand, and the market will not improve much this month.

Future forecast:

According to the analysis of the business agency, the cost has been greatly reduced and the demand has not improved greatly so far this month, which has led to several small price cuts by many companies since the beginning of the month. In the first half of 2020, the development of water treatment industry is difficult, and the second half of 2020 is still not very optimistic. For the future market, the market will still maintain the current form, and there will be a slight decrease in the basic stability, and the frequency may increase. It is expected that the downstream demand will recover as soon as possible.