Commodity Index: On September 20, the polyacrylamide commodity index was 99.80, which was the same as yesterday. It was 6.84% lower than the peak of 107.13 points in the cycle (2019-05-08), and 4.26% higher than the low of 95.72 points on April 10, 2019. (Note: Period refers to 2019-04-01 to date)
Price quotation: According to the monitoring data of the Business Association (100ppi.com), on September 16, the mainstream price of polyacrylamide (cationic) market was about 16333.33 yuan/ton, and on September 20, 16333.33 yuan/ton. At present, the main quotation range of domestic market of polyacrylamide is: cationic (PAM, molecular weight 12 million) quotation is about 16200-18100 yuan/ton, anionic (PAM, molecular weight 12 million) quotation is about 10000-12100 yuan/ton. Prices are basically stable.
Industry chain: It is understood that in mid-September, the price of acrylonitrile in the upstream mainstream is about 12300-12500 yuan/ton, with a small fluctuation in the market. The downstream demand for polyacrylamide is stable, because the manufacturers in Gongyi, Henan Province, which is the main production area in China, are still in the shutdown period, and have been shut down for more than a month, the supply of goods is relatively tight, the manufacturers give priority to the old customers, the market development of new customers is delayed or suspended, and the external prices of some manufacturers are raised to varying degrees according to the situation of the supply.
Industry: 1. Notice of shutdown: On July 26, the water purification and environmental protection enterprises of Yongan Road Street Office in Gongyi City, Henan Province received the “Notice of shutdown”. The notice requests: According to the analysis of the environmental pollution situation and the future polluted weather situation in the city, the municipal attack and fortification office requires all the enterprises to stop production and control before acceptance. Production can be restored after dispatching or acceptance. 2. Stop production again after resumption of production: resumption of production in August for 10 days and resumption of production on 15 days. According to the manufacturer, the suspension was more affected by the National Games held in Zhengzhou on 8 September. The local environmental protection inspection was strict. All local enterprises in Gongyi were asked to stop production for environmental protection management and maintenance. 3. After the National Games on September 8, the local manufacturers were not notified of the start of construction. Strict environmental protection inspections were under way. According to the manufacturers, the current shortage of goods was aggravated after the National Day of the Eleventh National Day.
Attachment: Gongyi City, Henan Province, issued a circular on the deep management of enterprise shutdown (see below):
Future forecast: Although the relevant manufacturers in Gongyi City, Henan Province, as the main production area, are still in the period of suspension at present, the inventory of the manufacturers maintains the demand of the old customers and the supply is gradually tight, but the impact on the price is not obvious this week; some manufacturers are indeed tightened because of the stock, and have been prompted to follow-up price increases.