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SunSirs: Raw materials weakened slightly, and the polyacrylamide market decreased slightly last week
March 21 2022 09:28:31()

According to the data monitoring of SunSirs , the polyacrylamide commodity index on March 19 was 100.20, the same as yesterday, down 10.14% from the highest point of 111.51 in the cycle (2021-11-03), and up 20.88% from the lowest point of 82.89 on August 2, 2020.

Commodity market: according to the data monitoring of SunSirs, the polyacrylamide (CPAM, cation, molecular weight of 12 million, ionic degree of 10-30) in China decreased slightly in the third week of March (14-19), of which the mainstream quotation in the domestic market on the 19th was about 16400 RMB/ton, a slight decrease of 0.86% compared with 16542.86 RMB/tonn on the 14th of the week. 

At present, the production of water treatment enterprises is normal and the market inventory is sufficient; Weak downstream demand and average transaction; The recent epidemic has a great impact on all parts of the country, the transportation capacity is relatively tight, and the cost has increased to a certain extent.

Industrial chain: according to the data of SunSirs, the price of upstream raw material acrylonitrile remained stable at about 11650 RMB/ton this week until it was slightly reduced by 50RMB/ton on the 18th. 

At present, the average price in the domestic market is about 11600RMB/ton; As of the 18th, the average price of acrylic acid in East China was 16366.67RMB/ton, which was the same as the market on Monday (14th). Compared with the price on February 18th, it increased by 1.66%, and increased by 25.26% year-on-year in a three-month cycle. 

At present, the market price of raw propylene is at a high level in the near future, with obvious cost pressure. The downstream just needs to follow up. It is expected that the acrylic acid market may operate at a high level in the short term.

Liquefied natural gas is used in the production process. According to the data monitoring of the business agency, the domestic LNG market increased slightly in the week (14-18), with an average price of 6896RMB/ton on the 14th and 6932 RMB/ton on the 19th, with a weekly increase of 0.52%. 

Recently, the stock pressure of the liquid factory is not large, and the demand in the southern region increases due to cold air factors. The market trading has improved, and the price of the liquid factory rises. However, due to the impact of public health events on the shipment, the adjustment range is not large, and the market rises and falls, mostly depending on its own shipment. The domestic LNG market is expected to fluctuate slightly in the short term.

Future forecast: at present, the epidemic situation in all parts of the country is relatively tense, and the delivery and transportation are affected to a certain extent. In addition to the transportation cost, the cost of polyacrylamide raw materials is slightly weak, and the spot inventory in the market is sufficient. Affected by the weak downstream demand, it is expected that the polyacrylamide market will remain stable in the future.

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