Polyacrylamide Price Trend and Forecast

Polyacrylamide Regional Price Overview

Get the latest insights on price movement and trend analysis of Polyacrylamide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Polyacrylamide Price Trend for the Q3 of 2024

Asia

In the Asian market, the polyacrylamide prices witnessed fluctuations during the third quarter of 2024. The region experienced varying trends influenced by factors such as demand from key industries like water treatment, agriculture, and the oil and gas sector.
 

Polyacrylamide Price Chart

Please Login or Subscribe to Access the Polyacrylamide Price Chart Data
 

Price movements were also impacted by shifts in raw material costs, geopolitical events, and overall market sentiment. Despite challenges in certain sectors, the outlook for polyacrylamide remained cautiously optimistic towards the end of the quarter.

Europe

Polyacrylamide prices in Europe displayed a mixed trend during Q3’24. Economic uncertainties, regulatory changes, and fluctuations in demand from industries like wastewater treatment, mineral processing, and pulp and paper manufacturing contributed to the price volatility. Environmental concerns and sustainability initiatives also played a significant role in shaping the market dynamics.

North America

In North America, the polyacrylamide market experienced a dynamic pricing environment in the third quarter of 2024. The region saw a blend of upward and downward price movements driven by factors such as demand from sectors like oil and gas, mining, municipal water treatment, and industrial applications. Market disruptions, including plant shutdowns, supply chain challenges, and geopolitical risks, added complexity to the pricing dynamics.

Analyst Insight

According to Procurement Resource, the prices of Polyacrylamide are likely to continue their current momentum given the complexities in the supply chains and conditions of world economy.
 

Polyacrylamide Price Trend for the Q2 of 2024

Asia

During the second quarter of 2024, the polyacrylamide market in China witnessed fluctuations, initially showing an upward trend before stabilizing and then declining. Despite stable prices for raw materials like acrylic acid and increasing fuel costs, polyacrylamide prices faced persistent downward pressure. This was mainly due to declining prices of propylene and liquid ammonia, which weakened cost support. Concurrently, demand from downstream industries continued to decrease.

The acrylic acid market remained stable with limited cost support from falling propylene prices and cautious purchasing behavior downstream. Although there was a brief uptick in production costs driven by increased demand ahead of the May Day holiday, prices ultimately trended downwards as the quarter progressed, reflecting weak market sentiment characterized by ample supply and cautious demand from end-users.

Europe

Throughout Q2'24, European markets for polyacrylamide mirrored global trends, with prices oscillating. Initially, there was some momentum from improved manufacturing activities early in the quarter. However, as trading activities fluctuated and inflationary pressures and interest rates rose, support from the feedstock sector and market confidence waned. The downstream industry faced challenges, including limited trading and disruptions in supply routes via the Red Sea. Heightened tensions in the Middle East further dampened market growth, contributing to subdued polyacrylamide prices as the quarter advanced.

North America

In the US, polyacrylamide prices in Q2'24 saw an upward trajectory in May driven by steady demand, particularly from the water treatment sector, despite supply constraints. Increased industrial and household activities, driven by rising demand for summer water treatment, bolstered prices. Conversely, demand from sectors like textiles and paper remained weak.

Upstream costs for acrylonitrile rose initially but stabilized with easing crude oil prices. However, supply challenges persisted due to delayed shipments, domestic shortages, and increased freight charges amidst logistical disruptions. Delays in Asian imports further exacerbated supply issues. Despite fluctuating demand from downstream industries, strong demand from water treatment sustained elevated polyacrylamide prices throughout the quarter.

Analyst Insight

According to Procurement Resource, the price trend of Polyacrylamide is estimated to be subdued under the influence of excessive demand as global operations are expected to work most efficiently in the next quarters as well while the procurement rates are not likely to grow parallel with its.
 

Polyacrylamide Price Trend for the Q1 of 2024

Stay updated with the latest Polyacrylamide prices, historical data, and tailored regional analysis
 

Asia

Market prices for polyacrylamide were observed to be oscillating throughout the said period of Q1’24. Throughout the initial months, price fluctuations remained restricted within narrow bounds, depicting minimal shifts in trajectory. At the outset of January, the Chinese market exhibited a subdued outlook, with weak demand dynamics exerting downward pressure on price movements.

Despite notable upticks observed in crude oil and feedstock prices, their impact on overall pricing remained dull, and with faltering procurement activities, suppliers adopted a cautious stance. They handled bulk orders with caution to manage supply dynamics and stabilize the market to some extent.

This strategic intervention contributed to a marginal improvement in prices towards the quarter's conclusion, albeit market sentiments continued to linger in a subdued state. Towards the end of March 2024, both Indian and Chinese markets experienced modest upticks in average prices, indicative of subtle shifts in market dynamics.

Europe

During the first quarter of the year 2024, polyacrylamide prices exhibited swift fluctuations. The first half of the quarter saw a plunging trajectory attributed to the availability of ample inventory stocks, exerting downward pressure on the regional price trends. To stimulate product movement, suppliers resorted to price reductions amid the dwindling demands and existing stockpiles.

However, as the days passed, escalating upstream costs, particularly in raw material propylene, provided some semblance of support to pricing dynamics. The suppliers acquired a wait-and-watch approach to avoid any further losses and degradation in the price graph. This vision helped in stabilizing the market somewhat by the end of the said quarter. Overall, mixed market sentiments were witnessed.

North America

During the given timeframe, the North American polyacrylamide sector mirrored the trends observed in its Asian and European counterparts. Prices exhibited a continual yet steady decline throughout the period under discussion. Initially, subdued demand from downstream sectors exerted downward pressure on the market dynamics, particularly in January 2024.

Subsequently, the escalation of crude oil prices began to exert its influence on the market landscape. Additionally, geopolitical tensions in the Red Sea and other regions continued to dampen trade sentiments across the American territory. Collectively, these factors contributed to an overall lackluster performance in the market.

Analyst Insight

According to Procurement Resource, the Polyacrylamide price trends are likely to remain oscillating in the coming months. Current supply and demand dynamics do not project much deviation in the pricing trajectory.
 

Polyacrylamide Price Trend for October - December of 2023

Asia

In the Asian market, specifically China, the polyacrylamide price trend maintained stability throughout the fourth quarter of 2023, diverging from the global downward trajectory. This regional steadiness likely reflects unique market dynamics and demand within Asia.

The stability of polyacrylamide prices, as well as those of key feedstocks like acrylamide, suggests a resilient market in the face of global fluctuations. The consistent demand in various industries, such as water treatment and oil recovery, likely contributed to this stability. Nevertheless, the global trend of declining prices, influenced by factors like reduced industrial activities and lower feedstock costs, raises the possibility of price oscillations going into 2024.

Europe

The European polyacrylamide market experienced a decrease in prices during the last quarter of 2023, in line with the global market trend and the price shifts of acrylamide, its precursor. This decline was largely influenced by the downward trend in acrylamide prices, driven by volatile feedstock costs and shifting demand patterns.

The decrease in demand from key sectors such as water treatment and oil recovery, coupled with economic uncertainties, played a significant role in this price reduction. European suppliers adjusted their pricing strategies in response to these market dynamics, navigating a challenging economic environment.

North America

In North America, particularly in the United States, the polyacrylamide market showed resilience, mirroring the stability observed in Asia. Despite global pressures and a downward trend in feedstock prices, the North American market maintained steady polyacrylamide prices. This stability might be attributed to consistent demand in sectors like water treatment and environmental management. However, the market was not completely shielded from global influences, and future price adjustments remained a possibility, especially considering the global downward trend in feedstock prices and potential shifts in industrial demand.

Analyst Insight

According to Procurement Resource, the global polyacrylamide market is expected to follow a downward pricing trend overall. This anticipated decline is primarily due to the decreasing prices of its precursor, acrylamide, and a general reduction in downstream demand across various industries. The market is navigating through a period of economic readjustment, with feedstock costs and industry-specific demands significantly impacting the pricing strategies and market dynamics.
 

Polyacrylamide Price Trend for the July - September of 2023

Asia

In Asian countries, polyacrylamide prices witnessed a swift decline in the third quarter of 2023. The market faced several difficulties in terms of demand and cost of feedstock materials.

The downstream industries also put on a cautionary approach and even the export activities slid, hampering the polyacrylamide market dynamics. In addition to this, the crude oil export from the majority of exporting nations declined, raising the prices of polyacrylamide in other importing countries and hampering the polyacrylamide prices.

Europe

A significant depreciation in the polyacrylamide price trend in the third quarter of 2023 was attributed to the weak position of the water processing industries. The demand from the end-user industries also suffered from the fall in interest and confidence of consumers in the polyacrylamide industries.

The sliding trend of polyacrylamide prices were also a consequence of huge discounts offered by the traders to keep the level of inventories in check. However, despite the odds, the pulp and other related sectors helped in the improvement of polyacrylamide price trend during the end of this quarter.

North America

The traders found it difficult to manage their price quotations of polyacrylamide during the third quarter as the energy sector supported the surge in procurement rates, but the other downstream sectors themselves struggled to maintain their market trend.

In addition to this, the overseas consumers also failed to provide the polyacrylamide market its the required support, but the accumulation of inventories kept the polyacrylamide prices towards the southward journey. On the other hand, the logistic challenges and improvement in the market dynamics of the region favored stabilization in the polyacrylamide market during the end phase of the third quarter.

Analyst Insight

According to Procurement Resource, the price trend of Polyacrylamide are estimated to oscillate amid the fluctuating cost of feedstock prices and plunging dynamics of demand.
 

Polyacrylamide Price Trend for the First Half of 2023

Asia

Asian polyacrylamide market observed positive behavior in the first half of 2023. The market was almost steady and stable throughout the concerned period. Market stability was attributed to positive supply–demand dynamics. The polyacrylamide prices rose as consumer demand from the downstream flocculant and lubricant industries rose. As inventory stocks started decreasing and production prices rose, the upstream costs increased, thereby exerting pressure on the polyacrylamide prices.

Europe

Polyacrylamide prices in Europe stayed on an inclining trajectory in H1 2023. As the demand from water treatment plants was on the rise, the prices increased in the market. For the European market, expensive imports from China hiked the prices further. As polyacrylamide consumption increased across the globe, manufacturers raised their quotations. Given the rising inflation rates, the price trend for polyacrylamide are inclined in the domestic market.

North America

The North American polyacrylamide market behaved no differently than other global markets for polyacrylamide prices in H1’23. The market experienced a surge in polyacrylamide demand from downstream water treatment and other industries. Compared to the rising demand, the supplies were limited. Further, the feedstock acrylamide prices registered an increase, and the supplies were limited.

Analyst Insight

According to Procurement Resource, polyacrylamide prices are expected to grow further in the upcoming months. Rise in demand and offtakes are the biggest contributors to the rising trend. Feedstock prices are also on an inclining curve making positive projections for the upstream costs. Overall, polyacrylamide prices are expected to rise.

Procurement Resource provides latest prices of Polyacrylamide. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.