According to the data monitoring of business agency, the polyacrylamide commodity index on June 30 was 97.15, unchanged from yesterday, down 12.88% from the highest point of 111.51 in the cycle (2021-11-03), and up 17.20% from the lowest point of 82.89 on August 2, 2020. (Note: the period refers to the period from April 1, 2019 to now)

Commodity prices: according to the data monitoring of the business agency, in June, the mainstream quotation of polyacrylamide (CPAM, cationic, molecular weight 12million, 10-30 ionic degree) in the domestic market was stable at about 15900 yuan / ton. The manufacturer’s production is normal and the market inventory is sufficient; The downstream demand is general, the enterprise has great shipping pressure, and the transaction is not easy.

Industrial chain: upstream raw material acrylonitrile: according to the data of business agency, the acrylonitrile market fell in June. As of the 30th, the price of acrylonitrile was 10860 yuan / ton, down 5.24% from the beginning of the month. The supply side of domestic acrylonitrile industry is still loose, and the market offer is gradually lowered; It is expected that the price of acrylonitrile will fluctuate and fall in the later period.

Upstream raw material acrylic acid: according to the data of business news agency, as of June 29, the average quotation price of acrylic acid in East China was 13933.33 yuan / ton, down 4.35% compared with that on June 1, and down 8.93% year-on-year in a three-month cycle. At present, the cost support is limited, and some devices on the supply side are overhauled, but the downstream buying enthusiasm is not high, and the market atmosphere is light. It is expected that the acrylic acid market may be deadlocked in the short term, so more attention should be paid to the changes in market news.

Liquefied natural gas is used in the production process. According to the data monitoring of the business agency, the LNG market was in the off-season in June, and the demand support was weak. The domestic LNG price continued to decline, falling by 10.56% in the month, and the focus shifted downward. Among them, the decline of LNG in the first half of the month was 3.05%, and that in the second half of the month was 7.86%. Many liquid factories reduced prices and arranged warehouses, and liquid prices fell centrally. Near the end of the month, liquid prices in some regions rebounded slightly. It is expected that the domestic LNG price will be consolidated in the short term.

Future forecast: in June, the raw material cost continued to weaken, the downstream demand was flat, the market spot inventory was sufficient, and the transaction was average. It is expected that the polyacrylamide market will remain stable in the future, supplemented by small adjustments.