Price trend
On the 15th, the domestic NMP market remained temporarily stable with minor fluctuations. As of 15th, the mainstream price of bulk NMP was 15,000-16,000 RMB/ton.
Analysis review
The recovery of downstream demand was relatively slow, and the overall performance of the market was average. Upstream BDO rebounded slightly, temporarily limiting its impact on the NMP market. NMP manufacturers were following the market trend, but due to the low price drop, the market was stagnant and running smoothly.
Market outlook
It is expected that the NMP market will maintain a stable operation at a low level in the short term.
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