Commodity index: on August 29, the polyacrylamide commodity index was 90.12, unchanged from yesterday, down 15.88% from the highest point 107.13 in the cycle (2019-05-08), and up 8.72% from the lowest point 82.89 on August 2, 2020（ Note: period refers to 2019-04-01 to now)
According to the data of business society, in the fourth week of August, the domestic mainstream price of polyacrylamide (CPAM, cation, molecular weight of 12 million, 10-30 ionic degree) was 14750 yuan / ton, and the price was stable.
Upstream raw materials:
According to the data monitoring of business society, the acrylic acid market has continued to rise since two months, as shown in the figure above: the acrylic acid market has weakened as a whole this week. The price of raw propylene rose slightly, the cost support was limited, and the overall operating rate of the acrylic acid market increased slightly, but the demand side was light, the downstream market entry enthusiasm was poor, so they were more cautious and wait-and-see, the carrier was in the mood of shipping, and the focus of market negotiation was downward: as of August 27, the average quotation price of acrylic acid in East China was 15266.67 yuan / ton, Compared with Monday’s price, it fell 2.14%.
The price of acrylonitrile, another main raw material of polyacrylamide, increased by 100 yuan / ton on the 25th. At present, the main quotation is about 14900 yuan / ton.
LNG is used in the production process. Last week, the domestic LNG market fluctuated and rose. On August 23, the mainstream quotation was 5593.33 yuan / ton to 5703.33 yuan / ton. According to the analysis of business society, at present, the cost is supported, the price is not easy to fall sharply, mainly fluctuates in a narrow range, and the LNG market continues to operate at a high level.
Downstream demand: due to the impact of Rainstorm in the early stage, the logistics transportation is limited, and the downstream demand is blocked. According to the introduction of enterprises in the main production area, the impact is gradually decreasing in the later stage. Except that the price of some raw materials is high due to the tension of shutdown, the road continues to recover. It is reported that at the end of the third week, Gongyi suffered another rainstorm disaster, but the local response to the rainstorm disaster was strengthened. Some areas were shut down for a few days, the degree of disaster was greatly reduced, and the production of local enterprises was not greatly affected. In Shandong and other parts of China, the weather this week has little impact on water treatment enterprises. It is reported that the current demand has not changed significantly, and the purchase price has not changed much.
Future forecast: according to the analysis of the business society, since August, the external influence has gradually subsided. Looking back to the industrial chain, the upstream raw materials rise and fall differently, and the downstream demand is stable, which has little impact on the market with sufficient spot. At present, the market outlook is mainly stable, and it is expected that there will be a certain demand growth in the peak consumption season.
| http://www.pva-china.net |