Commodity Market: According to the Commodity Market Analysis System of Business Society, the mainstream market of polyacrylamide (CPAM, cationic, molecular weight 12 million, 10-30 ionic degree) in China has slightly declined this week. On the 18th, the market reported around 13420 yuan/ton, and on the 11th, it reported around 13440 yuan/ton, with a price drop of 0.15%. The price of raw material acrylonitrile is stable, while the price of acrylic acid has slightly increased. The fuel market has fallen, and the cost of polyacrylamide has fluctuated. Enterprises in the main production areas have basically resumed production, and the market supply is abundant. The mainstream market of polyacrylamide is mainly consolidating.

Raw material acrylonitrile: According to the analysis system of the commodity market of Business Society, the acrylonitrile market trend has narrowed down. At present, the mainstream price for self extraction of acrylonitrile from tanks in the market is between 9500 to 9800 yuan/ton. The price of raw material propylene has slightly decreased, and the cost support for acrylonitrile has weakened; Downstream ABS production has slightly decreased at a low level, maintaining only essential support for acrylonitrile; The supply side of the acrylonitrile unit is generally loose, and some units have maintenance plans in the future.

Raw Material Acrylic Acid: According to the Commodity Market Analysis System of Business Society, the acrylic acid market has slightly increased this week. As of March 18th, the average quoted price for acrylic acid in the East China region is 6262.50 yuan/ton. Some units have been shut down for maintenance, the industry’s capacity utilization rate has declined, and the supply has been reduced, supporting the market’s attitude of price support. The supply of low-cost goods in the market has decreased, the downstream butyl acrylate operating rate has slightly increased, the acrylic lotion industry has started steadily, and the demand needs to be followed up in the face of the acrylic market inquiry and purchase. The actual market transactions are ordinary, and the wait-and-see atmosphere is strong.

Liquefied natural gas for production. According to the Commodity Market Analysis System of Business Society, the domestic liquefied natural gas market has declined this week, while the domestic temperature has rebounded. The market demand is limited, and the main focus is on oversupply. Liquid prices have continued to decline from Monday to Thursday, and the market is cautious and wait-and-see. The price increase of imported gas is favorable for the domestic gas market, and the liquid price has stopped falling and risen.

Market forecast: In the near future, the price of raw material acrylonitrile will remain stable, while the price of acrylic acid will slightly decline. The fuel market will fall, and the cost of polyacrylamide will fluctuate. On the supply side, the production of enterprises in the main production areas has basically returned to normal this week; On the demand side, downstream procurement and supply remain flat, with little change in market transactions. It is expected that domestic polyacrylamide sorting will be the main focus in the near future.