Data monitoring shows that the polyacrylamide commodity index on April 15 was 97.41, unchanged from yesterday, down 12.64% from the highest point of 111.51 in the cycle (2021-11-03), and up 17.52% 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 market: data monitoring shows that in the first half of April, the mainstream quotation of polyacrylamide (CPAM, cation, molecular weight of 12 million, 10-30 ionic degree) in the domestic market decreased slightly, with a quotation of 16128.57 yuan / ton on the 1st and 15942.86 yuan / ton on the 15th, a decrease of 1.15% in the first half of the month. The production of the enterprise is relatively normal and the market inventory is sufficient; The downstream demand is general, the transaction is greatly affected by transportation capacity and cost, and the shipment pressure of enterprises is doubled.

Industrial chain: according to the data of business agency, the market of upstream raw material acrylonitrile increased first and then decreased in the first half of April. At the beginning of the month, the main price was about 11750 yuan / ton, and the price was reduced by 200 yuan / ton in the first half of the month to about 11550 yuan / ton at the current price; Acrylic acid, the raw material, fell sharply in the acrylic acid Market in the first half of April. On the 15th, the acrylic acid Market in East China was 13666.67 yuan / ton, down 10.68% from 15300 yuan / ton on the 1st. At present, the market price of raw propylene is rising, the cost support is rising, some units are shut down for maintenance, the market operating rate is declining, the demand side procurement is based on demand, the logistics and transportation in some regions are limited, and the market trading atmosphere is improved. It is expected that the acrylic acid market will be stable and good in the short term.

Liquefied natural gas is used in the production process. According to the data monitoring of business agency, the domestic LNG market fell endlessly in the first half of April, from 7374 yuan / ton at the beginning of the month to 6804 yuan / ton. Although there was a slight rebound in the middle of the month, the overall decline in the first half of the month was 7.73%. At present, the logistics has gradually recovered, the shipment of liquid plants has turned positive, and the price has rebounded and rebounded. At the same time, some liquid plants in some regions have maintenance plans, there is support on the supply side, and the domestic liquid market is relatively strong. It is expected that the domestic LNG market may continue to rise slightly in the short term.

Future forecast: at present, the prevention and control of public health events in Shandong and Henan are tense, and the delivery and transportation are affected. The transportation cost of polyacrylamide decreased slightly this week, except that the spot cost of polyacrylamide was sufficient. Affected by the weak downstream demand, the polyacrylamide market is expected to remain stable in the future, supplemented by small adjustments.