According to the data monitoring of business agency, the polyacrylamide commodity index on June 17 was 97.15, unchanged from yesterday, down 12.88% from the highest point of 111.51 in the cycle (2021-11-03), and up 17.20% from the lowest point of 82.89 on August 2, 2020. (Note: the period refers to the period from April 1, 2019 to now)

Commodity prices: according to the data monitoring of the business agency, the mainstream quotation of polyacrylamide (CPAM, cationic, molecular weight 12million, 10-30 ionic degree) in the domestic market in that week (June 13-17) was stable at about 15900 yuan / ton. The manufacturer’s production is normal and the market inventory is sufficient; The downstream demand is general, and the enterprise has great shipping pressure.

Industry chain: according to the data of business agency, the mainstream market of upstream raw material acrylonitrile fell from about 11280 yuan / ton to 11080 yuan / ton in the week from June 13 to 17. The price of acrylonitrile continued to be low, and the price of raw material propylene rebounded slightly to 7996 yuan / ton. However, there is still great pressure on the market supply side, and the market is dominated by low-cost goods. At present, the mainstream market offer in East China is 10700~11600 yuan / ton of bulk water; The average price of raw acrylic acid in East China in the current week was 13933.33 yuan / ton, down 1.18% compared with the price on Monday (13th). The acrylic acid market was weak this week. Recently, the price of raw material propylene rose and weakened. There was some support on the cost side. The production enterprises at the supply side were mainly stable in unit load. The downstream buying was on demand. The demand side showed light performance. The market atmosphere was stalemate, the transaction atmosphere was general, and the wait-and-see atmosphere was strong. It is expected that the acrylic acid market will be consolidated and operated stably in the short term.

Liquefied natural gas is used in the production process. According to the data monitoring of business agency, the average price of domestic liquefied natural gas was 6306 yuan / ton on June 13, and 6362 yuan / ton on June 17, a weekly drop of 0.89%. Since the beginning of June, the domestic LNG market price has fluctuated downward, down 3.32% so far, and the market is weak.

Future forecast: the cost of raw materials continues to weaken, the downstream demand is flat, the market spot inventory is sufficient, and the transaction is average. It is expected that the polyacrylamide market will remain stable in the future, supplemented by small adjustments.