According to the data monitoring of Business News Agency, the polyacrylamide commodity index on February 27 was 94.09, which was the same as yesterday, down 15.62% from the highest point of 111.51 (2021-11-03) in the cycle, and up 13.51% from the lowest point of 82.89 on August 2, 2020. (Note: the period refers to April 1, 2019 to now)

Commodity market: According to the data monitoring of the Business News Agency, the mainstream market of polyacrylamide (CPAM, cationic, molecular weight 12 million, 10-30 ionic degree) in the domestic market was stable in late February 2023, with the main price of about 15442.86 yuan/ton. At present, the polyacrylamide manufacturers have sufficient inventory, the downstream demand is general, the market is not strong, and the order situation is not ideal. The mainstream market of raw materials acrylonitrile and acrylic acid declined mainly in the last ten days, and the downstream demand of both did not support the price rise; The downstream demand of polyacrylamide itself continued to be weak, and its market declined slightly.

Raw material acrylonitrile: according to the data from the Business News Agency, the market price of acrylonitrile continued to decline in late February. As of February 28, the bulk water price of acrylonitrile market was 10500 yuan/ton, down 0.24% from 10525 yuan/ton on February 21; Among them, the highest price of the stage is 10525 yuan/ton on February 21, and the lowest price is 10500 yuan/ton at the end of the month. The market of acrylonitrile raw materials was mainly down, while the cost was down; The stable production and commencement of the downstream have a strong need for support for acrylonitrile, but the downstream has a slight resistance to high-priced sources of goods. It is expected that the acrylonitrile market will consolidate in a narrow range in the short term.

Acrylic acid as raw material: According to the data from the Business News Agency, the acrylic acid market in late February first declined slightly and then rebounded slightly. Among them, the average price in East China on February 21 was 8100 yuan/ton, and the average price on February 28 was 8050 yuan/ton, with a decrease of 0.62% in the current ten days; The highest price of the stage is 8100 yuan/ton on the 21st, and the lowest price is 8000 yuan/ton on the 23-26, with the maximum amplitude of 0.82%. The supply-side cost support still exists, the operating rate is at a low level, the terminal demand is slow to follow up, the enthusiasm for raw material procurement is general, and the focus of acrylic acid market negotiation is loose. At the end of the month, there was a strong wait-and-see atmosphere in the market, and it was expected that the acrylic acid market would be dominated by stalemate and consolidation in the short term.

Liquefied natural gas for production. According to the data of Business News Agency, the domestic liquefied natural gas (LNG) in late February fell first and then went up: from 6060 yuan/ton on February 21 to 6082 yuan/ton on February 28; Among them, the highest stage price was 6082 yuan/ton at the end of the month, and the lowest stage price was 5964 yuan/ton on the 24th, with a maximum amplitude of 1.98%.

Aftermarket forecast: the price of main raw materials will mainly decline slightly, and the production of polyacrylamide will be normal and the inventory will be sufficient. The demand for downstream demand orders will continue to be weak. It is expected that the support will continue to be unfavorable in the short term, and the polyacrylamide market will continue to be weak.