Price trend

On the 20th, the domestic NMP market maintained stable operation, with small fluctuations in the market. The mainstream price of bulk NMP was 12,200-13,000 RMB/ton.

Analysis review

The recovery of downstream demand as slow, and the overall performance of the market was average. The upstream BDO remained stable at a low level, providing moderate support for the NMP market. NMP manufacturers followed the market trend, but due to the price dropping to a low level, the market remained stagnant and consolidated.

Market outlook

It is expected that the NMP market will maintain a low and stable operation in the short term.

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