According to the monitoring data of business agency, the polyacrylamide commodity index on August 20 was 95.14, which was the same as yesterday, down 14.68% from the highest point 111.51 (2021-11-03) in the cycle, and up 14.78% 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 association shows that the mainstream quotation of polyacrylamide (CPAM, cationic, molecular weight 12 million, 10-30 ionic degree) in the domestic market is relatively stable in the recent (August 11-20) period. The current main manufacturers have normal production, sufficient market inventory, general downstream demand, and relatively light transactions.

Industrial chain: upstream raw material acrylonitrile: according to the data of the business agency, the recent (August 11-20) acrylonitrile market has gone up and down first. On the 20th, the domestic acrylonitrile spot market price was 8950 yuan / ton, a slight increase of 0.11% compared with 8940 yuan / ton on the 11th. The domestic acrylonitrile market is consolidated, the supply side is loose, the market trading atmosphere is slightly improved but still weak, and the acrylonitrile business offers are consolidated in a narrow range.

Raw material acrylic acid: according to the data of business agency, the quotation of acrylic acid in East China was relatively stable in that week (August 11-20), with the main price of about 8100 yuan / ton. At present, the cost and supply side are supported to a certain extent. The market transaction is mainly based on the demand, and the cautious wait-and-see attitude is strong. It is expected that the acrylic acid market will be stable, medium and strong in the short term. More attention should be paid to market information and guidance.

Liquefied natural gas is used in the production process. According to the data monitoring of business agency, on August 11, the average price of domestic liquefied natural gas was 7142 yuan / ton, and on August 20, the average price of domestic liquefied natural gas was 6680 yuan / ton. The price of domestic liquefied natural gas fell by 6.47% in that day. The domestic LNG market trend is weak. The liquid price rebounded and stabilized at the weekend. At present, the cost side is still supported. Although the downstream demand is weak, the on-site supply is reduced. It is expected that the price of liquefied natural gas will be stable and upward in the short term.

Future forecast: in the middle of this month, the raw material cost changes little, the cost support is relatively stable, the market spot inventory is sufficient, and the downstream demand and transaction are general. It is expected that the polyacrylamide market will continue to be stable in the future.