Price trend

According to the data monitoring of SunSirs, the NMP market was consolidated this week (1.3-1.6), and the average price of electronic NMP was stable at 22,833 RMB/ton, with no rise or fall.

Analysis review

According to the data monitoring of SunSirs, as of Friday, the mainstream quotation in the domestic electronic NMP market was 21,000-22,200 RMB/ton. The rising cost of raw materials had brought some support to the NMP market. Most of the enterprises in the market followed the trend of the market, and the downstream gas buying was average, suppressing the rising trend of NMP. The market moved sideways.

Raw materials: the focus of BDO transaction continued to move up this week. Supported by tight spot supply, the supplier's intention to support the market continued. However, the downstream contract procurement was dominant, the spot tracking was cautious, the actual order delivery was limited, and the focus was narrowly upward.

Market outlook

NMP analysts from SunSirs believe that under the constraint of the demand side, NMP's upward momentum is insufficient, the market needs more favorable factors to guide, and the market is weakly consolidated in the short term.

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