Commodity index: on September 12, the polyacrylamide commodity index was 90.73, unchanged from yesterday, down 15.31% from the highest point 107.13 in the cycle (2019-05-08), and up 9.46% from the lowest point 82.89 on August 2, 2020. (Note: the period refers to the period from April 1, 2019 to now)

According to the data of business society, the mainstream price of polyacrylamide (CPAM, cation, molecular weight of 12 million, 10-30 ionic degree) in China from September 6 to 12 was 14850 yuan / ton, and the weekly market remained stable.

Upstream raw materials:

Acrylic acid is one of the raw materials used in the production of anionic and non-ionic polyacrylamide. According to the data monitoring of business agency (100ppi. Com), the mainstream quotation of acrylic acid in the market on the 6th (Monday) was 14433.33 yuan / ton and 14633.33 yuan / ton on the 12th (Sunday), with a weekly increase of 1.39%.

The price of acrylonitrile, another main raw material of polyacrylamide, has been stable recently, and the weekly main quotation continues to be about 14900 yuan / ton, which has a stable impact on polyacrylamide this week.

LNG is used in the production process. Last week, the domestic mainstream price of LNG continued to decline. On September 6, the average price of domestic LNG was 5926.67 yuan / ton, and on September 12, the mainstream price was 5783.33 yuan / ton, with a weekly adjustment range of – 2.42%. The overall demand is weakened, the terminal gas is insufficient, and the liquid plant reduces the price and discharges the warehouse for good, but the high price transaction is not smooth, and there are still downward expectations. However, the cost is high and the supporting force is still, so the downward range is not large. It is expected that the domestic LNG market will operate weakly and stably in the short term.

Downstream demand: at present, the epidemic situation in the water treatment industry and the price of raw materials have changed slightly, and the demand adjustment range is not large. The downstream purchase price is normal, and the demand tends to be stable.

Future forecast: according to the analysis of business society, the “golden nine silver ten” has not substantially promoted the market at present, and it is more likely that the future market will be dominated by stability.