Commodity Market: According to the Commodity Market Analysis System of Business Society, the mainstream market price of polyacrylamide (CPAM, cationic, molecular weight 12 million, 10-30 ionic degree) in China has slightly increased this week. On the 15th, the market reported around 13340 yuan/ton, and on the 8th, it reported around 13220 yuan/ton, with a price increase of 0.91%. The prices of raw materials acrylonitrile and acrylic acid have declined, the cost of polyacrylamide has fallen, and enterprises in the main production areas are operating normally. The market supply is abundant, downstream demand is weak, and commodity circulation is slow. The mainstream market trend of polyacrylamide is mainly consolidating.

Raw material acrylonitrile: According to the commodity market analysis system of Business Society, the acrylonitrile market has been declining this week, with the bulk water price in the acrylonitrile market at 9387 yuan/ton as of January 15th. At present, the mainstream price for self extraction of acrylonitrile from tanks in the market is between 9200 to 9600 yuan/ton. The price of raw materials has slightly increased, and the cost supports acrylonitrile; The operating rate of major downstream ABS polymerization enterprises has been lowered to below 68%, and the production of enterprises has remained stable; The supply of acrylonitrile units is loose, and the impact of supply and demand is bearish, resulting in a downward trend in the market.

Raw Material Acrylic Acid: According to the Commodity Market Analysis System of Business Society, the overall acrylic acid market has slightly declined this week. As of January 15th, the average quoted price for acrylic acid in the East China region is 6150 yuan/ton. At present, the cost support is still acceptable, and downstream companies need to follow up. The market atmosphere is light.

Liquefied natural gas for production. According to the Commodity Market Analysis System of Business Society, the domestic liquefied natural gas price trend continued to weaken this week. At present, there is insufficient market demand and the willingness of downstream restocking is not strong. The bidding price for raw gas has been lowered, weakening cost support. It is expected that domestic liquefied natural gas prices will continue to decline weakly in the short term.

Market forecast: In the near future, the overall price of raw materials will fall, the fuel market will fall, and the cost of polyacrylamide will decline. On the supply side, enterprises in the main production areas have normal production and sufficient market supply; On the demand side, downstream procurement and supply remain flat, with little change in market transactions. It is expected that domestic polyacrylamide sorting will be the main focus in the near future.