In the first half of 2023, the petroleum and chemical industry (polyacrylamide) experienced severe tests, and the economic growth rate remained within the expected reasonable range, but the problems of slowing economic growth, declining economic benefits, and great downward pressure are still prominent. The positive trend of economic operation in the polyacrylamide industry in the first half of 2023 has not yet formed a solid foundation for recovery, and operational difficulties may continue for some time.
As the domestic polyacrylamide market returns to a bullish atmosphere, domestic polyacrylamide has also begun to rebound. For polyacrylamide, due to the country's hard indicators for environmental protection and the constant regulation of the environmental protection industry, it has not only increased the overall demand for polyacrylamide, but also driven the development of upstream polyacrylamide companies. However, because the domestic economy was generally depressed in 2012, it also directly affected the sales of polyacrylamide. Although the third quarter is the traditional peak consumption season for polyacrylamide, 2023 will show a phenomenon of not being prosperous in the peak season. From the first half of 2023, the sluggish demand for polyacrylamide has become a key factor restricting the recovery of the polyacrylamide market.
