Price trend
On the 25th, the domestic NMP market maintained stable operation, with slight market fluctuations. As of 25th, 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 had slightly increased, which had limited impact on the NMP market. NMP manufacturers were following the market trend, but due to the low price drop, the market was stagnant. It is expected that the NMP market will maintain a low and stable operation in the short term.
Market outlook
It is expected that the NMP market will maintain stable operation at a low level in the short term.
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