According to the data monitoring of the business community, the polyacrylamide commodity index on September 29 was 94.53, unchanged from yesterday, down 15.23% from the highest point of 111.51 (2021-11-03) in the cycle, and up 14.04% from the lowest point of 82.89 on August 2, 2020. (Note: Period refers to April 1, 2019 to now)

Commodity market: According to the data monitoring of the business community, the mainstream quotation of polyacrylamide (CPAM, cationic, molecular weight 12 million, 10-30 ionic degree) in China’s domestic market in September was basically stable at the end and beginning of the month, and fluctuated slightly in the middle of the month, first up and then down. Among them, the mainstream market quotation on the first day was about 15542.86 yuan/ton, and the main market quotation on the 29th was 15375.71 yuan/ton, with a maximum monthly amplitude of 1.08%. This month, the water treatment plants in the main domestic production areas have normal production and sufficient inventory, while the downstream demand has not changed much. The overall market of polyacrylamide is mainly stable, supplemented by small movements.

Raw material acrylonitrile: according to the data of the business cooperative, the domestic acrylonitrile market was firm in September, and the prices of some enterprises were lowered at the end of the month. On the first day, the market reported 8900 yuan/ton, and on the 29th, 9870 yuan/ton, with a monthly increase of 10.9%. The market situation of acrylonitrile in this month is generally firm, the operating rate is basically stable, and the overall starting rate is 60% to 70%. From the middle of August to the end of this month, the price of raw propylene fluctuates higher, while the downstream stores stock up slightly before the National Day holiday, with firm offers from merchants; According to the analysis, the recent firm offer of merchants is supported by the current acrylonitrile cost and demand, and it is expected that the acrylonitrile market will continue to strengthen in the short term.

Raw acrylic acid: according to the data of the business society, the average price of acrylic acid in East China on September 29 was 8666.67 yuan/ton, up 14.54% compared with the price on the first day, down 37.80% year-on-year in a three-month cycle, and down 52.81% compared with the same period last year. In the first half of the year, the market price of raw propylene rose gradually, and the cost support rose gradually; The market was stable and weak in the latter half of the year, and the cost pressure remained, but the demand side was flat and the buying atmosphere was average, so the early inventory was more digested. With regard to the future market, the cost support still exists, the holidays are approaching, the downstream customers have basically completed their stock preparation, and the market trading atmosphere is stable. It is expected that the acrylic acid market will be mainly stable in the short term, so more attention should be paid to the changes in market news.

LNG for production. According to the data of the business community, the market of LNG in September was volatile and rising, and the overall trend was positive: the average price of domestic LNG on the 29th was 7176 yuan/ton, up 1284 yuan/ton or 21.79% from 5892 yuan/ton at the beginning of the month, and up 14.09% from the same period last year. Among them, the highest price in this month is 7176 yuan/ton at the end of the month, and the lowest price is 5892 yuan/ton on the first day. The market situation in this month is basically going all the way. At present, it is near the National Day holiday, and a large number of goods are replenished downstream due to transportation considerations. There was a strong buying atmosphere on the floor, and the rising trend continued. With the maintenance of the Sino Russian pipeline, the on-site supply is reduced. It is expected that the domestic LNG price trend will continue to rise in the short term.

Future market forecast: Polyacrylamide manufacturers in the main production area are operating normally, with sufficient inventory and stable downstream demand. The logistics of chemicals during the holiday is limited, resulting in a slight concentration of orders in the days before the holiday, but the overall price changes little; It is expected that the demand will remain stable after the festival, and the polyacrylamide market will remain stable mainly in the case of small changes in raw material costs.