According to the data monitoring of business society, the polyacrylamide commodity index on May 13 was 96.71, the same as yesterday, down 13.27% from the highest point 111.51 in the cycle (2021-11-03), and up 16.67% 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, this week (may 9-13), the mainstream quotation of polyacrylamide (CPAM, cation, molecular weight of 12 million, 10-30 ionic degree) in China’s domestic market is relatively stable, and the mainstream quotation is about 15828.57 yuan / ton. The production of the enterprise is relatively normal and the market inventory is sufficient; The downstream demand is general, partially affected by transportation capacity and cost, and the enterprise has great shipping pressure.
Industrial chain: according to the data of business agency, the market of upstream raw material acrylonitrile weakened slightly in the week from May 9 to 13. It was mainly reported at about 11580 yuan / ton at the beginning of the week and lowered to 11540 yuan / ton at the end of the week; The market price of acrylic acid, the raw material, rose this week: on the 13th, the average quotation price of acrylic acid in East China was 14800.00 yuan / ton, up 1.14% compared with the price on the 9th (Monday), up 8.29% month on month, and down 5.93% year-on-year in a three-month cycle. The quotation of raw acrylic acid was stable, the cost support was ok, the supply side was tight, the downstream inquiry was positive, the demand side was good, and the supply and demand were supported, It is expected that the acrylic acid market may rise in the short term, and 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 the business agency, the domestic LNG market fell slightly in the week from May 9 to 13. The main report was 7248 yuan / ton at the beginning of the week and 6936 yuan / ton at the end of the week. At present, the market supply is abundant, the demand in the off-season is weakened, and the receiving capacity of downstream users is general. Although the feed gas price rises, led by the market bad, the liquid price in many places in China is reduced, and the actual transaction is mainly negotiation. It is expected that the domestic LNG market will be stable, medium and down in the short term.
Future forecast: under the influence of the current economic situation and public health events, the delivery and transportation are still blocked, the demand slows down, the raw material cost is slightly adjusted this week, and the spot inventory in the market is sufficient. It is expected that the polyacrylamide market will remain stable in the future, supplemented by small adjustment.
