Data monitoring shows that polyacrylamide (CPAM, cation, molecular weight of 12 million, ionic degree of 10-30) in China has continued to decline slightly in recent two days (28-30 days). The mainstream market price on the 28th was about 18025 yuan / ton, and the mainstream price on the 30th was about 18000 yuan / ton, with a slight decrease of 0.14% on the second day. Recently, the macro level continues to be short, the market demand is weak, the transaction is general, and the manufacturer’s price continues to adjust slightly.

From the perspective of industry, crude oil has fallen sharply since this month, the price of petrochemical raw materials has continued to decline, and the pressure on the production cost of water treatment has decreased; Although the impact of environmental protection and dual control policies in winter, limited production and shutdown in many places, and the commencement of basic chemicals affect the market supply, due to the low heat of downstream demand, the ex factory price of water treatment products continued to adjust slightly, and the adjustment range of polyacrylamide market in November was small, only about 1.37%.

As shown in the figure above, the market of raw material acrylonitrile has rebounded slightly recently, maintaining at about 15700 yuan / ton; It is reported that the recent startup rate of manufacturers is the lowest in the year, and the main manufacturers have concentrated accidental maintenance of devices in the fourth quarter, and the output has not increased significantly as scheduled. The market is expected to be easy to rise and difficult to fall in the future. At present, Sinopec East China implements 15100 yuan / ton, up 300 yuan / ton compared with last month.

As shown in the figure above, the market price of raw acrylic acid stopped falling and rose in the past two days. As of the 30th, the average price of acrylic acid in East China was 17000 yuan / ton, up 0.79% from 16866.67 yuan / ton on the 28th. The acrylic acid analyst of business society believes that at present, the price of raw propylene is weak, the cost support is slightly weak, the inventory of production plants is low, the downstream is mainly purchased on demand, and the market wait-and-see atmosphere is strong. It is expected that the acrylic acid market may be stabilized in the short term, and more attention should be paid to the market news guidance.

As for the future, crude oil fell sharply, the macro level continued to weaken, the price of raw materials decreased, the market support was insufficient, and the downstream demand was sluggish, resulting in the continued weak trend of polyacrylamide; Although the environmental protection and dual control policies in many cities in winter led to manufacturers’ production restriction and shutdown, the weak demand led to a weak market. In the macro weak environment, the polyacrylamide market is expected to be stable and weak in the short term.