According to the data monitoring of business society, the polyacrylamide commodity index on April 28 was 96.97, down 0.44 points from yesterday, down 13.04% from the highest point 111.51 in the cycle (2021-11-03), and up 16.99% from the lowest point 82.89 on August 2, 2020. (Note: the period refers to the period from April 1, 2019 to now)

Commodity market: according to the data monitoring of business society, on April 29, the mainstream quotation of polyacrylamide (CPAM, cation, molecular weight of 12 million, 10-30 ionic degree) in China’s domestic market was about 15828.57 yuan / ton, down 0.72% from Monday (25), up 2.56% year-on-year. At the end of the month, the mainstream market broke the stability and decreased slightly.

Key point analysis: at present, the production of enterprises is normal and the market inventory is sufficient; The downstream demand is general. At the moment of strict control of public health events, the transaction is greatly affected by transportation capacity and cost. The shipment pressure of enterprises is doubled. The demand situation is still severe, the transaction is affected, and the recent market of polyacrylamide is stable and weak.

The market of raw material acrylonitrile stabilized first and then stabilized from the 25th to the 29th. On the 29th (Friday), the market reported about 11560 yuan / ton, down 0.34% from 11600 yuan / ton at the beginning of the week (25th); Domestic acrylonitrile plants such as Haijiang and kruer in Shandong continue to shut down, and the domestic acrylonitrile industry starts around 70%. The downstream demand is weak, and the market offer decreases slightly. It is expected that the price of acrylonitrile will mainly be adjusted by shock in the later stage.

The market of raw acrylic acid remained stable during the week from 25th to 29th, and the mainstream quotation in East China was about 14333.33 yuan / ton. The recent market consolidation trend of raw propylene has a certain support on the cost side. On the supply side, the unit load rate of production enterprises is not high, and the goods need to be prepared just before the downstream Festival. The market atmosphere is mild and orderly, and the logistics capacity in some areas is insufficient; Near the holiday, the downstream demand is mainly stable, the market is on the sidelines, and the price of acrylic acid is stable. It is expected that the acrylic acid market may be stable in the short term. More attention should be paid to the guidance of market news.

Liquefied natural gas is used in the production process. According to the data monitoring of business agency, in the last week of April, the domestic LNG market fluctuated upward, 7036 yuan / ton at the beginning of the week and 7208 yuan / ton at the weekend, with a weekly increase of 2.44%. Near the end of the month, the stock pressure of the liquid plant is not strong, the price reduction and stock arrangement operation is not strong, and the price continues to rise moderately with cost support; Before the festival, the domestic LNG market still showed an upward trend. During the May Day holiday, the logistics is limited, and the domestic liquid price is expected to be mainly adjusted.

Future forecast: affected by the strict control of public health events, the problem of blocked market delivery and transportation will continue in the short term. The cost of raw materials fell slightly, the spot inventory in the market was sufficient, and the demand and transaction slowed down. In order to promote the realization, the market supply price has been reduced. It is expected that the polyacrylamide market will remain stable in the future, supplemented by a slight weakness.