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 this week slightly declined. On the 28th, the market reported around 13710 yuan/ton, and on the 25th, it reported around 13740 yuan/ton, a decrease of 0.22%. The recent rise in crude oil prices has boosted the domestic market. The raw material acrylonitrile market is on the rise, while the acrylic acid market is weak. The cost of polyacrylamide is fluctuating. Enterprises in the main production areas are operating normally, the market supply is abundant, downstream demand is weak, and commodity circulation is slow. The mainstream market of polyacrylamide is slightly weak.
Raw material acrylonitrile: According to the commodity market analysis system of Business Society, the acrylonitrile market has risen this week. As of September 28th, the bulk water price in the acrylonitrile market was 9825 yuan/ton, an increase of 3.5% from 9487.50 yuan/ton on September 25th. At present, the supply side is basically stable, the inventory pressure of enterprises is not high, and the demand side has strong demand support. In addition, the high prices of raw materials are expected to maintain a strong market price for acrylonitrile in the short term.
Raw Material Acrylic Acid: According to the Commodity Market Analysis System of Business Society, the acrylic acid market has declined this week. As of September 28th, the average price of acrylic acid in the East China region was 875.00 yuan/ton, a decrease of 2.14% from 7025.00 yuan/ton on September 25th. Recently, there has been limited cost support, with some enterprise devices restarting and increasing market spot supply. 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, domestic liquefied natural gas prices have fallen this week. Recently, the domestic liquefied natural gas market has weakened, and there is a strong willingness to discharge inventory in the upcoming holiday market. A new round of bidding for raw gas is about to start, with the industry mainly focusing on wait-and-see. It is expected that domestic liquefied natural gas will be slightly consolidated and operated in the short term.
Future Market Forecast: The prices of raw materials have fluctuated this week, the overall fuel market is active, and the cost of polyacrylamide is weak. 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, with little change in market transactions. The polyacrylamide market remained stable and slightly weakened. It is expected that the demand side situation will continue to determine the market trend, and the probability will remain stable.
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