Commodity Market: According to the Commodity Market Analysis System of Business Society, in mid August, the mainstream market of polyacrylamide (CPAM, cationic, molecular weight 12 million, 10-30 ionic degree) in China stabilized first and then slightly declined. On the 11th, the market reported around 14171 yuan/ton, and on the 20th, it reported around 14157 yuan/ton, with a ten-day decline of only 0.1%. Due to the impact of special disasters and logistics restrictions, as well as the recent rise in crude oil, the prices of various raw materials have increased this week. Although the focus of the raw material acrylonitrile and acrylic acid market continues to shift upwards, and the cost of polyacrylamide has increased, the main production area enterprises are operating normally, the market supply is abundant, downstream demand is weak and logistics is limited, and commodity circulation is slow. The mainstream market of polyacrylamide is slightly weak.

Raw material acrylonitrile: According to the commodity market analysis system of the Business Society, the acrylonitrile market continued to decline slightly in mid August. On the 11th, the mainstream market quotation was 8400 yuan/ton, and on the 20th, the main market quotation was 8312 yuan/ton, with a ten-day decrease of 1.04%. The slight increase in raw material prices still provides cost support for acrylonitrile; Downstream construction has slightly increased compared to the early stage, and the demand for acrylonitrile has slightly increased compared to the early stage; The increase in the operation of acrylonitrile units has a certain negative impact on acrylonitrile. Overall, it is expected that the market price of acrylonitrile will fluctuate within a narrow range in the short term.

Raw Material Acrylic Acid: According to the Commodity Market Analysis System of the Business Society, the acrylic acid market remained stable and slightly upward in mid August. As of the 20th of this month, the average price of acrylic acid in East China was 6312 yuan/ton, a slight increase of 0.4% compared to the price of 6287 yuan/ton on the first day. The raw material propylene (Shandong) market has fluctuated slightly this week, with cost support still remaining and supply and demand support temporarily stable. The market has a strong wait-and-see mentality, and it is expected that the acrylic acid market may stabilize and operate in the short term, and more market news guidance is needed.

Liquefied natural gas for production. According to the Commodity Market Analysis System of Business Society, in mid August, the domestic liquefied natural gas market first leveled off, then rose and then leveled off: on August 11th, the average price of liquefied natural gas in China was 3640 yuan/ton, and on August 20th, the market reported a main price of 3772 yuan/ton, with a ten-day increase of 3.63%. Recently, the domestic liquefied natural gas market has shown a stable upward trend.

Future forecast: In mid August, the center of gravity of raw material prices will decrease, and the fuel market will fluctuate slightly, with weak support for polyacrylamide costs. On the supply side, enterprises in the main production area have normal production and sufficient market supply; On the demand side, downstream procurement and supply remain flat, and market transactions are stable. The impact of natural disasters weakened in the middle of the year, and the polyacrylamide market remained stable and slightly weakened. It is expected that the future market will remain stable and dominated.