According to the data monitoring of business agency, the polyacrylamide commodity index on June 30 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 late June (June 20-30) was stable at about 15900 yuan / ton. The manufacturer’s production is normal and the market inventory is sufficient; The downstream demand is general, the enterprise has great shipping pressure, and the transaction is not easy.

Industry chain: upstream raw material acrylonitrile: according to the data of business agency, the domestic mainstream market fell from about 11080 yuan / ton to 10860 yuan / ton in late June (20-30 days), a decrease of 1.99%; Although propylene, the raw material, has rebounded slightly to 7996 yuan / ton recently, due to the great pressure on the supply side of acrylonitrile market, market transactions are dominated by low-cost sources, and acrylonitrile prices continue to be low;

Raw material acrylic acid: the quotation in East China this ten days increased slightly by 0.72%. The mainstream production price in East China on the 20th was 13833.33 yuan / ton, and the mainstream price on the 30th was 13933.33 yuan / ton. In the second half of the month, the raw material propylene market declined, the cost support weakened, the acrylic acid operating rate increased slightly, some enterprises were expected to overhaul their devices, the downstream operation was stable, the purchasing enthusiasm was general, the market mentality was different, and the trading atmosphere was light and stalemate.

Liquefied natural gas is used in the production process. According to the data monitoring of the business agency, the LNG market was in the off-season in June, and the demand support was weak. The domestic LNG price continued to decline, falling by 10.56% in the month, and the focus shifted downward. Among them, the decline of LNG in the first half of the month was 3.05%, and that in the second half of the month was 7.86%. Many liquid factories reduced prices and arranged warehouses, and liquid prices fell centrally. Near the end of the month, liquid prices in some regions rebounded slightly. It is expected that the domestic LNG price will be consolidated in the short term.

Future forecast: the cost of raw materials has fluctuated this ten days. The main factor for the stability of polyacrylamide market is that its downstream demand is flat, the market spot inventory is sufficient, and the transaction is general. It is expected that the future market will remain stable.