Why did polyacrylamide prices rise in Q2 2024?

During Q2 2024, Polyacrylamide (PAM) pricing in North America demonstrated a significant upward trend, driven by a combination of market dynamics and external factors. The surge in prices was primarily attributed to robust demand from key sectors, including water treatment and enhanced oil recovery (EOR).

What is bio-degradation of partially hydrolyzed polyacrylamide (HPAM)?

Partially Hydrolyzed Polyacrylamide (HPAM) in act with water after polymer flooding in oil filed reasons in environmental troubles, such as enhancement in the oil-water detachment trouble, natural degradation to make toxic acrylamide and jeopardize local ecosystem. Bio-degradation of HPAM may be a cost-efficient mode for solving these problems.

What is PHPA (partially hydrolyzed polyacrylamide)?

The provided chemical is utilized in various commercial and industrial processes for enhancing inhibition properties of various kinds of waters. In addition, we provide this PHPA (Partially Hydrolyzed Polyacrylamide) at reasonable prices to our valued clients.

Why are polyacrylamide prices rising in Europe?

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 trends for polyacrylamide are inclined in the domestic market.

Why is the polyacrylamide (PAM) market declining?

North America The Polyacrylamide (PAM) market in North America during the fourth quarter of 2023 witnessed a declining trend, primarily due to reduced demand in key downstream industries such as industrial water treatment and the Oil & Gas Enhanced Oil Recovery (EOR) sector.

How did the APAC polyacrylamide market perform in Qingdao?

In the first quarter of 2024, the APAC polyacrylamide (PAM) market witnessed a downward price movement, with March prices settling at USD 850 per MT on FOB – Qingdao basis, indicative of a challenging quarter.