Domestic Polyacrylamide Market Saw Weak Consolidation in June

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Price trend

According to the commodity market analysis system of SunSirs, the domestic market to cationic polyacrylamide (CPAM)—specifically the grade with a molecular weight of 12 million and an ionic degree of 10–30—underwent a weak consolidation in June. By the 30th, the prevailing market price was approximately 14,160 RMB/ton, a decline of 0.28% from the 14,200 RMB/ton recorded at the beginning of the month.

Market analysis

Polyacrylamide production relies heavily on upstream raw materials such as vinyl cyanide. The market to vinyl cyanide remained generally stable throughout June; as of June 30, the average price stood at 10,133.33 RMB/ton, unchanged from June 1. Prices to the raw materials propylene and synthetic ammonia declined in June, providing limited support to vinyl cyanide prices.

Regarding downstream sectors—which primarily include municipal wastewater regulation, manufacturing effluent treatment, sludge dewatering, papermaking, and oilfield operations—operating rates to municipal sewage, manufacturing printing and dyeing, and papermaking sludge disposal companies remained stable in June, with limited new orders. Downstream procurement was driven mainly by the need to replenish stocks, with little appetite to bulk stockpiling; the market lacked bullish drivers, and traders showed little inclination to raise prices in tandem with market movements.

Market outlook

On the cost side, the vinyl cyanide market is currently sluggish, offering limited support to polyacrylamide prices. Regarding demand, persistent high temperatures in July mean that demand from the aquatic environments treatment and manufacturing sludge disposal sectors is unlikely to see a significant rebound in the short term; overall demand remains weak. On the supply side, barring unexpected environmental production curbs or maintenance shutdowns, operating rates at major companies are expected to remain stable; with ample market supply, there is insufficient momentum to a sharp price increase. Consequently, the polyacrylamide market is expected to undergo a period of consolidation with a weak tone throughout July.

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