Commodity Market: According to the Commodity Market Analysis System of Business Society, the mainstream market of polyacrylamide (CPAM, cationic, molecular weight 12 million, 10-30 ionic degree) in China fell in September. On the first day, the market reported around 14100 yuan/ton, and on the 28th, it reported around 13710 yuan/ton, with a monthly decrease of 2.77%. This month, the prices of raw materials acrylonitrile and acrylic acid have increased, and the cost of polyacrylamide has increased. However, enterprises in the main production area are operating normally, and the market has abundant spot supply. Downstream demand has not increased, and the current mainstream market of polyacrylamide is still weak and organized.

Raw material acrylonitrile: The acrylonitrile market continued to rise in September. As of September 28th, the bulk water price in the acrylonitrile market was 9825 yuan/ton, an increase of 8.71% from 9037 yuan/ton at the beginning of the month. The high price of raw material propylene is organized, and the cost of acrylonitrile is supported; ABS, one of the main downstream industries, maintains a high level of construction, and the demand for acrylonitrile forms support; The start of acrylonitrile production in September slightly decreased compared to August, and there was no pressure on acrylonitrile inventory. The acrylonitrile market continued to rise.

Raw Material Acrylic Acid: According to the Commodity Market Analysis System of the Business Society, the acrylic acid market rose first and then fell in September, with a slight overall increase. In the first half of the month, the price of raw material propylene in the market fluctuated, and cost support was acceptable. Some enterprises experienced fluctuations in their equipment, resulting in a decrease in the utilization rate of production capacity in the acrylic acid industry, supporting market sentiment. Downstream inquiries and procurement continued to be in high demand. The focus of negotiations in the acrylic acid market was mainly on stability, and some enterprises increased their prices based on their own situation. In the second half of the month, the price of raw material propylene slightly decreased, with limited cost support. Some enterprise installations have restarted, and the market’s spot supply has increased. Downstream inquiry and procurement enthusiasm is not high, and high-end price negotiations in the market are slightly weak. Holders are actively shipping, and the acrylic acid market atmosphere is weak.

Liquefied natural gas for production. According to the Commodity Market Analysis System of the Business Society, the Shandong liquefied gas civilian market rose first and then stabilized in September, with a slight decline at the end of the month. In early September, the liquefied gas market showed a significant upward trend. In early September, the CP surge was introduced, coupled with several consecutive increases in crude oil prices during the week. With strong support from the news, there was also a small amount of inventory on the market, and upstream goods were flowing smoothly. The liquefied gas market actively pushed up. The demand side is steadily following up, the weather is gradually turning cold, and the demand for civilian combustion is expected to increase. The demand for chemical industry is also following up in a golden and silver atmosphere. Subsequently, the market entered a period of volatility and decline, with liquefied gas prices rising to high levels. Downstream resistance was evident, and upstream began to give up profits and sell goods. In late September, there was an increase in enthusiasm for upstream cargo in the liquefied gas market, coupled with an increase in port supply and an increase in supply. In order to stimulate cargo movement, refinery prices fell.

Future forecast: In September, the overall focus of raw material cost prices will shift upwards, the overall fuel market will rise, and the cost of polyacrylamide will theoretically increase. On the supply side, enterprises in the main production area have normal production and sufficient market supply; On the demand side, downstream procurement and supply remain flat, and market transactions are stable. The actual transaction changes have not yet been significantly followed up. It is expected to remain stable and dominant in the short term.