Commodity index: on March 30, the polyacrylamide commodity index was 90.24, down 1.84 points from yesterday, a new low in the cycle, down 15.77% from the highest point of 107.13 on May 8, 2019. (Note: cycle refers to 2019-04-01 till now)

Price quotation: according to the monitoring data of business agency (100ppi. Com), on March 30, 2020, the mainstream price of polyacrylamide (cation) market is about 1600-16000 yuan / ton, and the mainstream price of polyacrylamide (anion) market is about 8000-11500 yuan / ton.

Industrial chain:

Upstream: from January to March 2020, the main quotation of acrylonitrile in the domestic market continued to decrease. At the beginning of January, the quotation was about 11200 yuan / ton, which was reduced by 100 yuan / ton for many times; in the middle of the year, the quotation continued to decline slightly, which was reduced by 50 yuan / ton to 10650 yuan / ton for three times; by the end of the decade, the decline had been about 4000 yuan / ton, with a fluctuation of about 20%; on February 21, the mainstream price was about 9500 yuan / ton, decreased by 200 yuan / ton on 24, decreased by 300 yuan / ton on 27, and decreased by 150 yuan / ton to 8850 yuan / ton on 28 , 1750-1800 yuan / ton lower than before, about 17% lower than before; in March, acrylonitrile continued to decrease to 8100 yuan / ton on the 10th, 8000 yuan / ton on the 25th, 100 yuan / ton on the 26th, 50 yuan / ton on the 30th, 50 yuan / ton on the 31st, 7800 yuan / ton on the 31st, and 1000 yuan / ton this month.

Downstream: at present, the downstream water treatment project construction enterprises have a lot of project negotiations, and the landing is relatively slow, so the demand for raw materials is naturally weak.

Manufacturer: the manufacturer’s return to work and production is in good condition, the inventory is being consumed in succession, the current downstream demand is limited, and the raw material cost has been reduced.

Industry: during the Spring Festival holiday in January 2020 to February 20, the relevant enterprises in the main production area stop production and delay to return to work. After February 20, the manufacturers in the main production area returned to work. At present, the logistics in March is back to normal, and the inventory is in constant consumption. It is reported that the logistics cost in some areas has increased since, and the quotation has increased during the period of less vehicle return to work due to the delay in construction, etc. However, after a large number of logistics enterprises go to work in the near future, the transportation cost has been reduced, most of the downstream construction is in the negotiation stage, and the demand still needs to be recovered in time.

Aftermarket forecast: according to the analysis of the business community, the price of upstream raw material acrylonitrile has been lowered by as much as 1000 yuan / ton this month. The price has been at a low level for many years, and the cost of polyacrylamide has been greatly reduced. Under the current situation of weak demand, the manufacturer’s delivery price has certain space. Downstream construction is in the negotiation stage, and it will take time to land. It is expected that the price of polyacrylamide will be stable and weak in the future market.