Data monitoring shows that the polyacrylamide commodity index on March 31 was 98.55, the same as yesterday, down 11.62% from the highest point of 111.51 in the cycle (2021-11-03), and up 18.89% from the lowest point of 82.89 on August 2, 2020. (Note: the period refers to the period from April 1, 2019 to now)

Commodity market: data monitoring shows that in March, China’s polyacrylamide (CPAM, cation, molecular weight of 12 million, 10-30 ionic degree) fluctuated and decreased, of which the mainstream quotation in the domestic market on the 31st was about 17014.29 yuan / ton, and the main quotation on the 1st was 16128.57 yuan / ton, with a monthly decrease of 5.21%. At present, the production of the enterprise is normal and the market inventory is sufficient; Weak downstream demand and average transaction; Recent public health incidents have a great impact on all parts of the country, with relatively tight transport capacity and a certain increase in costs.

 
Industrial chain: according to the data of business agency, the upstream raw material acrylonitrile fell first and then increased slightly in March. At present, the mainstream quotation in the domestic market is about 11650 yuan / ton; Acrylic acid, the raw material, fell in the acrylic acid Market in March. On the 31st, the acrylic acid Market in East China was 15366.67 yuan / ton, down 4.57% from 16033.33 on the 1st. At present, the price of raw material propylene is weak, the support of cost side is insufficient, the support of supply and demand side is flat, and the market wait-and-see atmosphere is strong. It is expected that the acrylic acid market may be weak in the short term, so more attention should be paid to the guidance of market news.

Used in the production of liquefied natural gas. According to the data monitoring of the business agency, the domestic LNG market fell as a whole in March, with a decline of about 13% in the month. With the warmer weather, the market has gradually entered the off-season of consumption, the demand in the North has decreased, and the logistics in some areas has been affected by the holding of the two national games and the Paralympic Games. The enthusiasm for downstream procurement has weakened, the market supply has increased, and the negative factors have superimposed, resulting in the decline of domestic liquid price. In the middle of the year, due to the small inventory pressure of liquid plants and the increase of demand in the South due to cold air factors, the market trading has improved, and the price has increased slightly, However, the demand follow-up was general and fell rapidly after the rise. In the second half of the month, due to the differences in local liquid prices and more resource outflows, the market was strongly driven up, and the price trend showed an upward trend. At present, the price of the terminal is about 7200-9700 yuan / ton. The spot CIF price of LNG in China is US $30.32/million British heat, and the price is reduced. At present, the inventory of the liquid plant is not under pressure, and the market is pushed up slightly. It is predicted that the heating period will end in April, and the domestic LNG market will tend to be stable.

Future forecast: at present, the prevention and control of public health events in Shandong and Henan production areas are tense, and the delivery and transportation are affected to a certain extent. In addition to the transportation cost, the cost of polyacrylamide raw materials increased slightly this week, and the spot inventory in the market is sufficient. Affected by weak downstream demand, polyacrylamide market is expected to remain stable in the future.