Commodity Market: According to the Commodity Market Analysis System of Business Society, the mainstream market trend of polyacrylamide (CPAM, cationic, molecular weight 12 million, 10-30 ionic degree) in China this week was mainly weak. On the 27th, the market reported around 13340 yuan/ton, and on the 20th, it reported around 13400 yuan/ton, with a price drop of 0.45%. The price of raw material acrylonitrile has risen, while the price of acrylic acid has remained stable overall. The cost of polyacrylamide has also increased overall. 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 weak and consolidating.
Raw material acrylonitrile: According to the commodity market analysis system of Business Society, the acrylonitrile market has risen this week. According to the commodity market analysis system of Shengyishe, as of November 27th, the bulk water price of acrylonitrile in the market was 10175 yuan/ton. At present, the mainstream price for self pickup of acrylonitrile in the market is between 10000 to 10300 yuan/ton. The prices of raw materials have fluctuated slightly, and the support of costs for acrylonitrile has weakened slightly; The main downstream ABS production is basically stable; The production of acrylonitrile units has slightly decreased, and there is basically no pressure on the supply and demand side. The acrylonitrile market is in urgent need of inquiry support.
Raw Material Acrylic Acid: According to the Commodity Market Analysis System of Business Society, the acrylic acid market has fluctuated and stabilized in a narrow range this week. As of November 27th, the average price of acrylic acid in the East China region is 6125 yuan/ton. At present, cost pressure still exists, and the supply side has some support for the market. However, downstream purchases are only in demand, and the market atmosphere is average. It is expected that the acrylic acid market will remain stagnant and consolidate in the short term.
Liquefied natural gas for production. According to the Commodity Market Analysis System of Business Society, the domestic liquefied natural gas prices have continued to rise this week. At present, the domestic cold air is coming, and the demand for downstream replenishment is increasing. Under the policy of adding upper limit gas supply, the market supply is shrinking, driving the continuous rise of liquid prices. In terms of sea and gas, prices at some receiving stations have slightly increased. It is expected that the domestic liquefied natural gas prices will be strong in the short term.
Market forecast: This week, raw material prices will slightly increase, fuel prices will rise, and the overall 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. The weak trend of polyacrylamide market is mainly consolidation. It is expected that domestic polyacrylamide sorting will be the main focus in the near future.