According to the monitoring data of business agency, the polyacrylamide commodity index on August 7 was 95.32, which was the same as yesterday, down 14.52% from the highest point 111.51 (2021-11-03) in the cycle, and up 15.00% from the lowest point 82.89 on August 2, 2020. (Note: cycle refers to 2019-04-01 till now)

Commodity market: the data monitoring of the business agency shows that the mainstream quotation of polyacrylamide (CPAM, cation, molecular weight 12 million, 10-30 ionic degree) in the domestic market in the week (August 1-7) was stable and slightly decreased, of which the main quotation was 15642.86 yuan / ton on the 1st and 15642.86 yuan / ton on the 7th, with a slight decrease of 0.27% in the week. In this week, the production of the main manufacturer is normal, the market inventory is sufficient, the downstream demand is weak, and the transaction is general.

Industrial chain: upstream raw material acrylonitrile: according to the data of business agency, the acrylonitrile market continued to decline in the week (August 1-7). As of August 5, the domestic acrylonitrile spot market price was 9060 yuan / ton, down 5.82% from 9620 yuan / ton on August 1. The supply side of the domestic acrylonitrile industry continues to be in a loose state, the downstream construction continues to fall, the market transaction is deadlocked, and the business offers are lower; According to the analysis, the current pressure on supply side and cost side restricts the action force of acrylonitrile, and it is difficult to change in the short term. It is expected that the price of acrylonitrile will continue to fluctuate at a low level in the later period.

Raw material acrylic acid: according to the data of business agency, the average quotation price of acrylic acid in East China fell sharply from 9566.67 yuan / ton to 8566.67 yuan / ton in that week (August 1-7), with a decrease of 10.45% this week. At present, the cost side support is limited, the demand side follow-up is still insufficient, and there is a strong wait-and-see sentiment in downstream procurement. It is expected that the acrylic acid market will operate weakly and stably in the short term, and more attention should be paid to the changes of market news.

Liquefied natural gas is used in the production process. According to the data monitoring of business agency, the average price of domestic liquefied natural gas on August 1 was 6520 yuan / ton, and the average price of domestic liquefied natural gas on August 5 was 6456 yuan / ton. During the week, the price of domestic liquefied natural gas fell by 0.98%. The market trend of liquefied natural gas was concentrated in decline, and the decline on Friday was postponed, and some regions showed rebound. At present, the cost side is strongly supported, and the demand side is waiting to be released. It is expected that the LNG price will fluctuate slightly in the short term, mainly for consolidation and operation.

Future forecast: at the beginning of this month, the cost of raw materials continued to fall, the range increased, the cost support continued to weaken, the market spot inventory was sufficient, the downstream demand was general, and the market mentality was empty. It is expected that the polyacrylamide market in the future will continue to be stable and weak.