Polyacrylamide (PAM) Prices Trend in the second quarter of 2023 | ChemAnalyst

<div class=”separator” style=”text-align: justify;”><strong>For the Quarter Ending June 2023</strong></div>
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<p><strong>North America</strong></p>
<p>Throughout the second quarter of 2023, the&nbsp;<a href=”https://www.chemanalyst.com/Pricing-data/polyacrylamide-pam-1202″ ><strong>Polyacrylamide (PAM)</strong></a>&nbsp;market in the USA demonstrated overall moderate fundamentals. While the price of PAM remained relatively stable during Q2, a minor decrease of around 0.7% was observed. The initial month of the quarter witnessed heightened demand from international water treatment plants, leading to increased container exports and allowing suppliers to bolster their profit margins. However, May saw a continuous influx of material, leaving buyers cautious due to elevated inventories as demand recovery fell short of expectations. Trading activity for this commodity remained sluggish. Adding to the challenges, May brought a debt crisis triggered by the simultaneous downfall of major banks in the USA. This crisis significantly impacted the marketing landscape and prompted buyers to hold off on substantial orders. June, however, brought stability to the PAM market with moderate supply-demand dynamics and a resurgence in demand from water treatment plants.</p>
<p><strong>APAC</strong></p>
<p>Across the Asia-Pacific (APAC) region, the Polyacrylamide (PAM) market displayed mixed sentiments during Q2 2023. The quarter began with a decline in PAM prices attributed to increased inventories in the region and sluggish export activities from China to other Asian markets. The spot market operated at a reduced pace, and despite lower spot price offers, demand from enterprises remained subdued. May, however, brought a resurgence in demand from international water treatment plants, driving high container exports and enabling suppliers to bolster their profit margins. Similarly, June experienced a downturn in Chinese PAM purchasing activities, resulting in a sudden price drop of around 20% during the month. The industry encountered challenges in fulfilling commodity orders, and exchanges faced pressure as buying activities remained limited. Despite these fluctuations, the overall Q2 period saw the PAM market experiencing an approximate 15% decrease.</p>
<p><strong>Polyacrylamide (PAM) Prices:&nbsp;<a href=”https://www.chemanalyst.com/Pricing-data/polyacrylamide-pam-1202″>https://www.chemanalyst.com/Pricing-data/polyacrylamide-pam-1202</a></strong></p>
<p><strong>Europe</strong></p>
<p>In the European arena, the Polyacrylamide (PAM) market witnessed a distinct upward trajectory in the second quarter of 2023, experiencing an approximate 15% price increase. The commencement of Q2 brought about a rising price trend for PAM in Europe, attributed not only to the wastewater treatment sector but also to the Enhanced Oil Recovery (EOR) industry. This dual surge in consumption exerted a significant upward pressure on PAM prices, influencing both the European and US markets. Moving into the second month of the quarter, market fundamentals maintained a moderate stance, as businesses had already secured substantial product quantities in the prior month. May witnessed another surge in demand from wastewater treatment plants in European countries such as Germany, France, and the United Kingdom. These nations experienced heightened inquiries and orders for PAM, resulting in supply challenges and subsequent price hikes. As Europe grapples with heightened pollution levels and advances in technology, the European Commission’s proposals to update the Urban Wastewater Treatment Directive from 1991 are making their way through the European Parliament, potentially targeting polluting sectors.&nbsp;</p>
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<div class=”separator” style=”text-align: justify;”><strong>ChemAnalyst&nbsp;</strong>is a subsidiary of TechSci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, &amp; EX-Works) in just one go.</div>
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