Commodity Market: According to the Commodity Market Analysis System of Business Society, the mainstream market price of polyacrylamide (CPAM, cationic, molecular weight 12 million, 10-30 ionic degree) in China has slightly declined this week. On the 29th, the market reported around 13240 yuan/ton, and on the 22nd, it reported around 13320 yuan/ton, with a price drop of 0.60%. The raw material acrylonitrile remains stable, the price of acrylic acid has slightly increased, and the cost of polyacrylamide has been slightly supported. Enterprises in the main production areas are operating normally, and the market supply is abundant. Downstream demand is weak, and commodity circulation is slow. The mainstream market trend of polyacrylamide is mainly consolidating.

Raw material acrylonitrile: According to the commodity market analysis system of Business Society, the acrylonitrile market remained stable this week, and as of January 29th, the bulk water price in the acrylonitrile market was 9287 yuan/ton. At present, the mainstream price for self extraction of acrylonitrile from tanks in the market is between 9200 to 9500 yuan/ton. The price of raw material propylene has increased, and the cost has strengthened the support for acrylonitrile; As the end of the lunar calendar approaches, the main downstream ABS production has dropped to around 65%, leading to a decrease in purchases of acrylonitrile; The overall supply of acrylonitrile units is loose, and the impact of supply and demand is bearish, resulting in a weak market consolidation.

Raw Material Acrylic Acid: According to the Commodity Market Analysis System of Business Society, the overall acrylic acid market has slightly increased this week. As of January 29th, the average price of acrylic acid in the East China region is 6175 yuan/ton. At present, the cost support is still acceptable, and downstream companies need to follow up. The market atmosphere is light.

Liquefied natural gas for production. According to the Commodity Market Analysis System of Business Society, the domestic liquefied natural gas prices have significantly increased this week. At present, there is support on the cost side, and the demand for replenishment in the market is increasing. There is a strong bullish atmosphere, and liquid prices continue to rise.

Market forecast: In the near future, the overall raw material prices will slightly increase, the fuel market will rise, and the cost of polyacrylamide will rise. On the supply side, enterprises in the main production areas have normal production and sufficient market supply; On the demand side, downstream procurement and supply remain flat, with little change in market transactions. It is expected that domestic polyacrylamide sorting will be the main focus in the near future.