Commodity index: on November 14, the polyacrylamide commodity index was 108.83, the same as yesterday, down 2.40% from the highest point 111.51 in the cycle (2021-11-03), and up 31.29% from the lowest point 82.89 on August 2, 2020. (Note: the period refers to the period from April 1, 2019 to now)

According to the data monitoring of business society, since November, the mainstream price of polyacrylamide (CPAM, cation, molecular weight of 12 million, 10-30 ionic degree) in China’s market has been slightly weak. The domestic mainstream price was 18250 yuan / ton on the 1st, 18000 yuan / ton on the 8th and 17812.5 yuan / ton on the 14th, with a decrease of 2.4% in the half month and 1.04% in the week from the 8th to the 14th.

Among them, raw material acrylonitrile: so far this month, the mainstream market quotation has been stable at about 15400 yuan / ton, which has little impact on the change of polyacrylamide cost. It is reported that the supply has increased this week, and the tight market supply situation has been alleviated. Raw material acrylic acid: since the beginning of the month, the domestic acrylic acid has fluctuated and declined. According to the data of business society, the mainstream quotation in the market on the 1st was about 18733.33 yuan / ton, the mainstream quotation on the 8th was about 17700 yuan / ton, and the main quotation on the 14th was 17566.67 yuan / ton, with a half month decrease of 6.23%; The monitoring shows that the recent downstream demand for acrylic acid is light, the enthusiasm for inquiry and procurement is general, the wait-and-see atmosphere is strong, the supply is slightly sufficient, the cost and demand support are insufficient, and the acrylic acid market price is under pressure.

LNG is used in the production process. According to the monitoring data of business society, the domestic LNG market fell first and then rose this week, and then started to rise in an all-round way. The rebound was mainly due to the controllable inventory of the liquid plant, the improvement of shipping atmosphere and the increase of demand after the continuous price reduction sales in the early stage. On November 14, the average price of domestic LNG was 7793.33 yuan / ton, an increase of 636 yuan / ton compared with 6856.67 yuan / ton at the beginning of the week, an increase of 9.29% during the week. The LNG analyst of business agency believes that: at present, the market trading is good, the shipment of liquid plants turns smoothly, and the price support mentality is strong. In addition, the raw gas auction continues to boost the market, and the domestic LNG market rebounds upward. However, after the continuous rise, considering the downstream receiving capacity, the increase is expected to narrow, and there may be a risk of local reduction.

As for the future market, the supporting role of raw materials acrylic acid and acrylonitrile is weakened, and the future market of fuel liquefied natural gas may be reduced. The sharp rise in the cost of raw materials in the early stage led to the high cost of taking goods downstream, resulting in the delay of procurement; Recently, the prices of raw materials and costs have decreased slightly, the downstream purchasing has increased, and the transaction is more stable than that in the early stage. It is expected that in the future, there is little possibility of a sharp decline in polyacrylamide, and there is a great possibility of a slight correction and stabilization.